Sigma Labs Inc (SASI): So, 6,000 engines x 19 nozzles/engine =...

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Re: stockmama22 post# 12934

Thursday, 02/13/2014 11:16:13 AM

Thursday, February 13, 2014 11:16:13 AM

So, 6,000 engines x 19 nozzles/engine = 114,000 nozzles

If SGLB makes $2K/nozzle and its spread over 5 years, revenue from nozzles only is $45.6M/yr.

Assuming a 50% margin, which I suspect is way low, gives $22.8M earnings.

If outstanding shares is limited to 600M and PE = 30, share price goes to $1.14 or an 8 bagger from today's price.

I guess I don't understand why I'm not shorting this immediately!

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