Replies to post #1902 on CEA Industries Inc. (CEAD)

[bfield111]

Exciting news! Let's just hope their income exceeds their expenses.

[Bubba_in_Virginia]

So ... today's filing states: "The Company’s revenue is expected to increase from $0 for the quarter ended March 31, 2014 to approximately $870,895 for the quarter ended March 31, 2015."

Assume their annual rate of sales is $870k times 4 = $3.5 million (not factoring in growth). Many microcap stocks trade at a multiple of vapor,... or rather a multiple of 'sales.' So at what multiple should SURNA trade?

At 6 times sales, SRNA is worth about $.15 per share.

At 20 times sales, SRNA is worth about $.50 per share.

Any thoughts on valuation?????

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My opinions only. I own SRNA.