Tuesday, November 26, 2013 9:22:17 PM
My figures roughly are as follows;
1,800,000 times $.30 = $ 540,000.00 per month
$540,000 times 12 months is $ 6,480,000 a year for just this one contract
Companies in this space trade above a ten plus multiple which should give Flst, for this contract alone a value of approximately $65,000,000. If you were to value the stock with only this one contract it would give the share value to a little over $2.00 a share at a 25 to 30 multiple this stock would be valued at $6.00 per share based on competitors valuation. Given that this contract is only one of many being worked on you could assume that the value per share should be higher if they are able to secure and finance additional contracts. If FLST were to make $.50 a gallon the numbers would be $900,000 gross profit a month or $10,800,000.00 per year
A ten time multiple for this one contract is a market value of $ 108,000,000.00 divided by 30 million shares should be valued at $3.60 a share....with just the one contract
Just facts, the numbers don't lie.
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