Replies to post #106289 on Viva Entertainment Group Inc (OTTV)

[4toSchool]

Back of the Napkin Valuation:

100,000 subs @ $35 per sub times 12 months = annual revenue of $42 million.

Assuming a 20% margin = net profit of $8.4 million

$8.4 million net profit times assumed PE ratio of 30 = $252 million Market Cap

$252 million Market Cap divided by OS of 4 billion shares = $0.063 per share

Current price of $0.0018 reaching $0.063 pps = positive 3,400% increase

1 million shares:

@ $0.0018 = $1,800
@ $0.063 = $63,000