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User-65225

01/25/18 5:28 PM

#94841 RE: Cat #94634

Based on past numbers, before they started investing heavily in expansion, Snakes was bringing in about 20% in net profits.

I think we have a very good chance of seeing .01+ earnings per share In the not too distant future, which would give us a current forward PE ratio of 20...

... add in the RATE this small cap is growing at, along with the uniqueness of their business concept, we could see a PE ratio of 100++, which they can grow into over time... There are many rapid growth small caps that have PE ratios higher than 500. In fact, there are MJ plays that lose millions and collect less revenue in a year than AMFE sees in a single month, valued a lot more than this

We could see a single self published game title that brings in .01 EPS alone. The profit margin’s will be amazing when we cut out the middleman and some of these other game titles are doing $50,000,000+ in the first year. The sector has never been hotter... A single game could be more profitable than a dozen Snakes locations

Creating a unit for under $5 and selling it for $25+ is good money when you are the creator, distributor and retailer.



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Aggie14

01/25/18 8:57 PM

#94902 RE: Cat #94634

I’ll take that everyday. Building a solid concrete base to grow strong. Fundamentals win everyday.