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otcbargains

10/06/15 3:52 PM

#1688 RE: otcbargains #1687

If this is a new license and the new magazine is a license then that get's us to 23. What is no 24?

SCRH - Trailing p/e of 7 and forward p/e below 3.

Existing licensees

1, NY 22,003
2. Chicago 43,867
3. Balt 35,645
4. N.O. 30,000
5. Tampa 30,000
6. Atlantic City 30,000
7. Scoreslive.com 2,264
8. Houston 30,000
9. Harvey 15,000
10. Indiana 15,000
11 Savannah 15,000
12 Jacksonville 15,000
13 Providence 30,000
14. New Haven 15,000
15. Columbus 15,000
16. Greenville SC 15,000
17 Mooresville 30,000

4 about to open. I will assume the smaller 5K per month royalty figure.

18. SCORES PRESENTS CHARLOTTE 1 15,000

19. SCORES PRESENTS CHARLOTTE 2 15,000

20. SCORES PRESENTS HICKORY 15,000

21. SCORES TOLEDO 15,000

22. Magazine?

23. Scores Palm Beach?

24. ???????

That means quarterly revs of $448,779 for 2016 based on 21 licensees and we both know they will be adding more.

2013 net profit 200K
2014 net profit 450K
2015 net profit 700K
2016 net profit 1.2 million if they add no more licensees than the 21.