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tedpeele

11/14/20 10:30 AM

#11079 RE: floridajim1 #11076

I agree on the .60 possibility 2-3 years out if they don't get bought out first. The .03-.05 (a 15-25x bagger) is a 6 month estimate based on projections for the $36m 2-3 years out. Set.fm could add to that a few pennies if it takes off too.

The $36m in the 10k is stated to be 3 years away so it may spike over .10 in the first year as revenue starts coming in fast but I don't see .60 of a dollar that early, as a dollar is an over $1B valuation which just seems too high if revenues in year 1 are $10-20m at best. Would love to be wrong though on that!