Replies to post #3292 on Conversion Labs Inc fka CVLB

[playofthedivine]

Would you like to share with us the numbers you have run to warrant that kind of valuation? Saying more than justified is a totally general comment and not based on fundamentals. I have my ideas of what a fair valuation would be relative to their peers and at this point, it certainly isn’t that high.

Once CVLB gets listed on the NASDAQ, a $400,000,000 valuation would be more than justified, imo. $400,000,000 / 18,000,000 shares outstanding = $22.22 / share

[Happy Investor]

Thank you. I think you are right about options/warrant holders. They are rarely long term investors, are usually happy with short term gains, and are reticent to hold too much in one company and are always seeking money to invest in other opportunities.

regarding your valuation, I see the arithmetic. All Ihave to say is "From your mouth to God's ears."