SEGN .139 I ask that investors please consider this. The acquisition of PPE SOLUTIONS GROUP yesterday by the company is huge and folks are slow to realize offering a great opportunity. During yesterday’s presentation the CEO introduced the new division. PPE has acquired a 67500 sq ft. facility in NJ. The new facility is to be fully automated, located in an urban enterprise zone, producing 80 Million N95 masks per month. Pre C19, a box of 10 valved masks sold at my local Home Depot went for about $28. A box of 20 unvalved masks for about the same..That’s well over $1 per mask. Let’s use less than half that to be conservative. .50.
80 m x $.50 = $40 m per month revenue x 12 months = $480 m per year revenue from just 1 of 3 Renavotio businesses. There is currently about 100 m shares outstanding, the float is 29.37 m shares.
$500 m revenue equates to $5 per share. At yesterday’s close the S&P 500 price per sales average was 2.38.
2.38 x $5 = $11.90 per share price ... conservatively.
CEO mentioned on the call they will be seeking up listing to the NYSE at the proper time.
As you can see, there is an enormous opportunity presented here right now.
Credit goes to RJ693 for the numbers,
Give him a follow.