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Helter Skelter

05/10/23 8:56 PM

#4930638 RE: Helter Skelter #4930636

GRIL - The number of shares of the Registrant’s common stock, $0.0001 par value per share, outstanding as of May 10, 2023, was 32,197,066.

Price right now is $1.70. 32,197,066 OS x $1.70 = $54,735,012 Market Cap.

Sales (revenues) are $213 million per quarter...

Oops. Damn. I was going to buy this based on approximately $16 million dollars net income for the year based on this excerpt (see below) from the PR today for Q1 period ended March 31st. I was projecting 4 Qs of $4 million net income (PROFIT) per Q.

$16 million net income / 32 million OS = 50 cents per share x PE Ratio of 10 = $5 per share, PE 20 = $10 per share...I was getting kind of excited...until I started dissecting the Statement of Operations (Income Statement)...

From today's PR:



Don't know what to make of this, move on, I guess...

From the 10Q: