Replies to post #10133 on LogicMark Inc (LGMK)

[Eagle1]

Nice NXTD post ! Thanks!


inverse Wednesday, 08/31/16 05:07:23 PM
Re: bluehorsesho post# 10132
Post # of 10139
Assuming the price stays where it is (obviously it won't, but...)

I think they will do a 1-10 to around $4.50 a share.

That will bring the outstanding shares to ~6.5M and the float to just under 4M shares.

Revenue for 2016 is projected to be $15-20M (let's say $17.5M)

Post R/S, at $4.50 a share and 6.5M shares, the market cap will be about $29.25M.

17.5M (revenue) / 29.25 (market cap) = $0.60 (sales per share)

The current P/S ratio for NXTD is a whopping 45x... let's tone that way, way down, to a still beefy 10x

$0.60 x 10 = $6.00 per share, based on projected R/S, 2016 revenue and current market cap... but without any new deals or dilution.

With our current P/S ratio the PPS would be well over $25, lol.

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