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markt1983

08/23/16 12:43 PM

#3319 RE: MSU #3318

Startups even before profitability typically can fe 4-5x revenues... So if you are a believe in Lavance then we should be at $.05 by EOY regardless of profitability if profitability is near... Once we turn over to profitability then we will focus more on earnings and the PE ratio.

In the beginning maybe we fetch 100x for PE... I would assume we will settle in the high 30s after 2 years of initial growth...