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mayflyday

08/05/14 6:32 PM

#256 RE: 13strats #255

It might run but it's hard to tell with little company info or volume. If starting a public company with low float was a formula for creating huge runs then everyone would do it.
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ChartTRACKER

08/05/14 6:49 PM

#257 RE: 13strats #255

$ETHG: Good to see you post cund.........

MF did keep his word. $200 Million in Processing Volume (already done), should amount to ~ $5 Million in Revenues, @ about 2.5% in commissions.

Per Standard Industry Valuation(s)of 5x to 8x earnings: PPS should be between $2.00 to $4.00; assuming O/S of 19 Mil.

If O/S is actually LOWER, due to the factorization of restricted shares, then the sky is the limit! Willing to bet that the FLOAT is way lower here.

What do you think?
GLTY