Replies to post #13548 on American Green Group, Inc. (AMNE)

[Millenium323]

Sonoran Energy (SNRN) is an example.

SNRN has 115 million shares outstanding.

SNRN share price is .23.

116 million shares x .23 share price = $26 million market cap.

So SNRN has a $26 million market cap.

SNRN has $2.5 million in revenues.

$26 million market cap / $2.5 million revenues =

Price/Sales Ratio of 9

So SNRN has a Price/Sales Ratio of 9

Sonoran has $8 million in debt

Sonoran has $830,000 in cash.

And yet it still trades at 9x sales.