Replies to post #28342 on 1812 Brewing Company Inc (KEGS)

[Drugdoctor]

repost - Well, does anyone remember my valuation posts, theoretically speaking, that I made if WiseBuys or Hacketts deals were done?

Let's revisit that line of thinking for a bit..

Now we have 10 stores with 30 million dollars in annual sales, but we actually only have 60% of the operation at this time.

So we control 18 million dollars of the operation.

Now, if buyout value is 2 x annual sales, then we are talking 36 million dollars would be fair value of our WiseBuys - Hacketts assets in a buyout.

36 million dollars divided by 360 million shares (assuming there is a little more future dilution) is .10 per share.

Now, suppose that you just value the company 1 x annual sales and factor in 360 million shares... 18 million divided by 360 million is .05.

The Minimum price GSCR should be trading at is .05!

So any way you do the math on this, we are way undervalued now.

And the market will, in fact, eventually value the shares to what they are worth...

Usually new retail trades at a premium to price to sales, based on future growth prospects.

In previous posts, I had come to the price of about .18 per share value of GSCR based on WiseBuys and Hacketts acquisitions, but I did that based on 100% ownership...

Now I think .10 is more reasonable... and we are at .0063?

Incredible!

http://investorshub.advfn.com/boards/read_msg.asp?Message_id=21443307&txt2find=gscr