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fishhunter

03/24/16 11:34 AM

#37756 RE: RStevens #37755

It is rather impressive how VTSI has grown into it's market cap and made the crossover from overvalued to undervalued through the relentless profitable revenue growth.

2014 revenue was about $9.9mil. My guess for 2015 revenue is about $13.5mil and I am expecting $18mil for this year, 2016.

At a share price of 13cents and 158mil shares, market cap is $20.5mil and enterprise value is likely about $18mil since they have excess cash. So 3 or 4 years ago when the stock was close to this level the PS was 3+ and now for this current year it is about 1. So we made the flip from a little overvalued to way undervalued!

At some point the market will take notice and we will again be valued at a PS of 3 or 4 because that is what this company deserves and even that is still a low valuation compared to TASR....and VTSI is better in every category. I also think when revenue crosses above $20mil next year it will get far more attention.