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markt1983

06/26/16 5:29 PM

#2765 RE: markt1983 #2764

And if you do the math for valuation purposes it shakes out like this:

IR contact confirmed that it would take 130k gallons of excelyte a month to hit breakeven.

Assuming a modest $1.50 a gallon... Likely closer to $2.00 a gallon in reality you come up with a revenue number of 2.34m annually.

When you apply a PE of 40 to the 320m shares outstanding share price comes out to $0.29 - $0.37 a share depending on the ppg of excelyte...

PE will likely be higher as well once breakeven occurs and investors price in future growth...




Garyst

06/26/16 9:11 PM

#2767 RE: markt1983 #2764

Yes, good forward looking comments in the last Q.