Replies to post #37142 on EVIO Inc (EVIO)

[GangstaRIB]

I say conservative estimate factoring in 0 expansion and status quo is $1 pps today.

Here's my rough calculation and all are welcome to poke holes in what I have here:

My calc with P/E of 20 (pretty normal)

[$420k (9 mo earnings) x 4 / 3] (conservative estimate avging the last Q as the previous 3 Qs) gives us Earnings on FY2017 of $560K on the year. We see Q3 and Q3 were overall much better than Q1 but like I said... assume status quo on the FY.

$560k x 20 = $11M o/s is about 10.3M so we should be seeing a market cap of around $11M today. Officially based on the calc pps would be $1.06

PPS has been driven down lately. I suspect someone with a large amount of stock that was acquired way down low last yr is cashing out. I'm hoping given the stall in trading yesterday they are done and we can get back to where we were.

[GangstaRIB]

Its gonna take a 10k bid with limit @ over $1 just about at EoD to get there. Still shares sitting on ask below $1.