InvestorsHub Logo
icon url

ehihub

08/11/20 2:57 PM

#5136 RE: justicewillbesoon #5135

You’re miss quoting me. Let’s break it down:

Press Release | 07/01/2020
Star Jets International, Inc. (JETR) Posts Over $5.3 Million of Revenue for 2019 and $4.3 million in first half of 2020 Amidst Covid-19 Concerns

I estimated 8 million gross revenue for 2020 based on the already earned 4.3 million in the first half of 2020.

So: 8,000,000 gross revenue
Divided by 19,168,537 outstanding shares (as of 08/10/2020)
Equals 0.41735 cent per outstanding share WITHOUT adding any multiples to the shares value.
I conservatively estimated a trading multiple of ten (x10). So
.41735 multiplied by 10 = $4.1735 dollars per share.

I hope that explains my numbers. Cheers!

Go JETR$$$$$$$$$$$$$$$