Logiq Inc (LGIQ)

[balamidas]

about STOA valuation: IRIS corp is building with STOA a huge waste -to-energy company

and we know that plant that will supply the New company after the merger is expected to generated gross annual revenue of between RM55 million (US$17.71 million) and RM60 million based on current load. - See more at: http://www.greenprospectsasia.com/content/iris%E2%80%99s-new-waste-energy-plant-phuket-revenue-churner#sthash.UyMoG4yz.dpuf

a company generating around 18 million $ in revenues worth at least 4 times that in market cap around 80 million $




and

we have confirmed this week an O/S of 264 million with the TA


so if we inject that value in STOA onm the actual SS logically

80 million$ /264 million shares =0.30 price per share

but i am not taking in account yet the shares to be added for the acquisition


but that should not be a problem as they mentioned a preferred shares deal so if they don't touch the O/S and just play it in preferred then those 0.25/0.3 are inplay