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KnicksStockChamp

05/05/24 3:08 PM

#46514 RE: SF971 #46510

Maybe I read a different filing this week from YCRM. They didn't show $13.7m revenue. The pro forma showed $7,384,747 as revenue thru end of 2023. It'd be a tough valuation to give 10x for a MSP. Most likely they'd get a 2x-5x on revenue... but that's not factoring in the liabilities RO assumed along with the expenses going out to 7 years.

I'm not a downer on this stock, but there's some things that should be factored in that aren't discussed.
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trader59

05/05/24 3:44 PM

#46522 RE: SF971 #46510

If I were you, I wouldn't be using that company as an example of anything positive for an uplist. The shareholders who held through the RS, offering, and uplist lost a lot of money, and the stock has tanked completely, down 99%.