Well....mic drop. Nice post Captain JM. I would love for contracts to roll out sooner than later but, ready to hold for gold...river productions to come through on that in due time.
$250 million even at 40% profit margin = $100 million in earnings.
$100 million * 60 P/E = $6 billion market cap valuation
$6 billion / 1.2 billion OS = $5.00 per share.
Could even run up well past $5.00 before a pullback to settle at $5.00 or around there.
Would be amazing news. I don’t think we’ll get contracts quite that high yet. But I’m definitely seeing dollar land ($0.50 minimum) is a very real possibility here soon enough. Either way, this is a golden opportunity. Or a Golden River i should say.
WELL DONE I’d say Captain on your post & that’s also how I like a good roast ; The information released so far this week about Gold River’s marketing, distribution & their impressive splash video has been welcomed as an investor. I’m feeling fortunate to have the opportunity to be invested with this company before their contracts & revenue streams (soon to be RIVERS) are finally released via any PR because that catalyst will make the pps absolutely explode. IDK if a PR for a contract will be released tomorrow, this week, or within the next several weeks but IMO whenever it is released those that are all in here will be greatly rewarded soon.
Why snope logic doesn't work in real life. The company isn't diluting or selling shares here - there isn't even room for that in the share structure to amount to anything substantial at this price point. Oh, does grps have an office in England, and are you treasurer? I am aware of the share count as stated in the filings. https://www.otcmarkets.com/stock/GRPS/disclosure I was being facetious with the "Gotta wonder if the company is selling shares to raise enough money to fill the pre-order offerings to shareholders" comment. There are barely enough remaining shares to pay postage and handling to fill maybe $200 worth of gummy orders.
The most recent filing shows grps has about $15k cash. That may be enough money to send gummies to veterans and shareholders but I doubt it is enough to bring profit to shareholders. GRPS does not have cash to do business with. GRPS needs to sell its couple million STNT shares immediately and go ALL IN now!!! They have been playing investors with grant crap for years now. It's way past time to do some actual business!!! Thoughts?