Yep, just for simplicity - did use revenue instead of net 'cause really have no idea what are Revenge expenses right now (new plant - some savings? expenses are down; probably more personal? - expenses are up, etc.) Everybody could play with these numbers just taking % for a margin (10%? 20%? 25%?) and have an own evaluation. Reason for posting was mainly 'cause I saw lots of "fear" posts about potential changes in SS based on whatever reason - think it is normal process - new investors should be able to buy in @ acceptable PPS. For instance: Revenge is posting 30M contract (my imagination only) Take 20% of $30M & Revenge is paying nothing for preferred dividends (LOL) EPS = $6M/400M = $.015 - with multiplier 7 ;) PPS = $.105 EPS = $6/1B = $.006 PPS = $0.042 - looks more attractive to me 'cause I could buy more shares @ the same $$$ amount and have more financial flexibility based on pinks volatility.
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