Replies to post #432 on Everything Blockchain Inc (EBZT)

[lesgetrich]

I just noticed a significant typo on this post. I meant to say...

a price target in the range of roughly $19 to $300 is rational for OBTX.

not...

a price target in the range of roughly $19 to $300 is rational for BTZI.

[Perfectson]

Part of the revenue seems to be related from HEX, which is currently yielding 40% APY. While I am not sure HEX will continue yielding these results, it's very clear that its less likely for this APY to grow much higher. Hence your calculations are off, the growth would be purely based on compounding and not sales.

As it has been alluded the software service side of the business is not moving high amounts and I believe they recently had a transaction to sell part of a software suite.

Previously it was mentioned the "asset drawdown" was "phony" but it's clear that they are selling part of their assets (cryptos) for profit. Any discussion steering investors away from what's happening is based in ignorance.

[Master-of-Disaster]

Did we miss the price target in the range of roughly $19 to $300 is rational for BTZI?

I mean it is October and all? Or is this yet another loft prediction that will not come to pass?

Based on today's news, we can do some rational price calculations.

The company, over the past four months, has operated at a roughly 43% profit margin. ($2.1M profit/$4.8M revenue)

Today's PR projects annual revenue for the current year at $14 million

$14,000,000 x 43% = $6,020,000 profit/earnings

$6,020,000 Earnings / 6,144,125 Outstanding Shares (OS) = $.98 Earnings Per Share (EPS)

Using the NYU Stern School analysis of Price/Earnings (P/E) Ratios by Industry, I theorize that OBTX could be categorized under either Financial Services, which has a forward Price/Earnings (P/E) ratio of 19.35x or Software (System & Application) with a forward PE of 305.13x.

$.98 EPS x 19.35 = $18.96/share pps to

$.98 EPS x 305.13 = $299.02/share pps

Consequently, based on these assumptions, a price target in the range of roughly $19 to $300 is rational for BTZI. This doesn't mean that the company will hit either of these targets, only that they are possible if all the assumptions are met. In any event, this suggests that OBTX is severely undervalued given today's PR. Keep these estimates in mind and see if they're borne out by further facts about the company (e.g. future financials) as they come in.