Replies to post #20167 on Megola Inc (MGON)

[SooS416]

Very big potential here once they get current and audited, $2.4M in revenues and almost $600k in pretax profits for 9 months ended September and this is prior to the product launches that are alluding to.

So for 12 months they could do $3.2M in revenue and near $800k in pretax profits which would be .004 per share

.004 x 15 = .06
.004 x 20 = .08

or look at in another way 10x revenue multiple would be $32M market cap which is about .15 PPS

Great share structure and profitable with additional revenue streams coming, needs volume and attention, getting current will help and audit will really move this. Might be a little while longer but this one seems poised to have a 10x plus run at somepoint in the next 3-6 months