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Re: None

Thursday, 01/09/2014 3:37:51 PM

Thursday, January 09, 2014 3:37:51 PM

Post# of 57550
Let’s play with some numbers:

FITX can grow 1.3MM lbs

Assumptions: they only grow 500,000lbs; sell for $50/oz(ultra ultra conservative) (50 x 16oz/lb = $800/LB
500,000lbs x $800 =$400MM in Revenue for FITX

If we make 8%-10% = $32MM - $40MM with margins at 50%(tech software that’s low)

$32MM to $40MM X 50% = $16MM to $20MM in profit for EDXC

70MM shares outstanding $16MM = $.22/share @ $20MM = $.28/share

Slap a 15 multiple on that puppy and $3.30 to $4.20 share value just for this one piece of business and only with 500,000lbs! add the other business segments etc. and well… this is just AWESOME!

getrdun