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ClosetInvestor

03/13/19 10:04 PM

#37514 RE: Aue #37512

Wrong, it’s about the numbers. If Harrington got Celsius up to a value of $200 million over a 6 year period, why would EQLB suddenly jump to a higher valuation than Celsius on distribution and no sales? That doesn’t make sense. Could the PPS of EQLB pop on good news and spike at a decent price? Yes, but not at the levels that some are predicting. Again, it’s about market cap and not the PPS. $1 a share seems simple until you realize that the valuation of the company at that point would be outrageously high.