Replies to post #193051 on Dewmar International BMC Inc (DEWM)

[Det_Robert_Thorne]

According to PR, $150m/Y last five years

150m/FIVE YEARS business !!!!

That's incorrect.

Here's what Moran's August 14, 2017 PR says about India Imports' annual revenues [emphasis added by me]:

On Saturday, August 12th, Dewmar International CEO and Founder, Dr. Marco Moran, met for several hours with India Imports, LLC CEO and Founder, Hiren Shah, at their Louisiana office to discuss the complex details of a merger or acquisition. International Wholesale Club of New Orleans, which is the DBA of India Imports, LLC has generated approximately $150 million of revenue annually for the past five (5) years.

Annually means "per year", so that sentence means that II was generating $150M of revenue per year, for each of the past five years.

What are the profits on that $150M/year, and what multiple is DEWM willing to pay?