Shares trade at 5x forward looking sales...it doesnt seem to matter what the PRs say...heres the math once again...1st quarter numbers came in under $200,000..thats $800,000 a year..X 5 = $4,000,000 divided by 20,000,000 shares = .20 thats where we were....the 2nd quarter will be over $500,000 thats $2,000,000 a year...X 5 = $10,000,000 divided by 20,000,000 shares = .50 and thats what we have been trading at!!! So if sales for the 3rd quarter come in above $2,000,000 shares should be around $2.00...like it or not the market values Sevu at 5X forward looking sales...so a $5,000,000 quarter puts us at $20,000,000 a year in sales X 5 = $100,000,000 divided by 20,000,000 shares = $5.00 a share...thats seems right for a company with growing sales..great products..great new management team....
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