lets keep it real people
product showing a gross profit margin of just 30%
given even 4 million in revenue, that leaves 1,2 million to cover all extra expenses
lets assume those expenses dont go up, even in that scenario there will be only 535.000$ left as profit
deduct some tax from that and you are left with 450.000$ or so
over a total of 1.000.000.000 shares that gives 0,000450 per share
even if you multiply this with 12 or 15 P/E
then you are left with a "fair value" between 0,005 and 0,007 at most
and this assuming that costs wont go up
but of course they will, wages are now already in excess of 150.000$ over 5 months
do i hear someone saying 50cents or even a penny there ????
get real people
miracles dont happen every day
good luck though to all
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