InvestorsHub Logo

Garden Rose

08/21/17 4:18 PM

#13839 RE: mkt_predictor #13838

Now let's see the 10Q's impact on price tomorrow.

SCREECHING EAGLE

08/21/17 4:31 PM

#13845 RE: mkt_predictor #13838

O/S right around what we expected, so that's good for sure.

As of August 18, 2017, there were 17,342,734 shares of the registrant’s common stock issued and outstanding.

Nice to see the SS is still very low.

trademax42

08/21/17 4:58 PM

#13854 RE: mkt_predictor #13838

OS = 17.34 million.

10Q out..

As of August 18, 2017, there were 17,342,734 shares of the registrant’s common stock issued and outstanding.

Nice to see the SS is still very low.




1. Current MC = 17.34 million X .39 cents = $6.76 million (based on today's PPS), less than six months' revenues of $8.46 million.

Normally I would think, MC could be 5 times the yearly revenues. So for the year let's say the revenues = $8.46 million X 2 = $16.92 million.

2. Then estimated MC = 5 X $16.92 million = $84.6 million.

Estimated PPS target = ($84.6 million/OS) = ($84.6 million/17.34 million) = $4.88.

And we are trading at measly .39 cents?

Weeeeeeeeeeeeeeeeeeeeeeee!!! Future looks sunny!!

Go $$TMPS$$

Disclosure: My posts are just my opinion, not intended for investment advice. I am often wrong, hence do your own DD.