Let’s do the math.
Please correct me if I am mistaken.
6824 items per 90 days = 27,296 per year.
At $77 per item we are talking about a yearly revenue of $2,101,792
If we make a very conservative assumption of a 15% profit we can translate this to an annual profit of $315,268.
There are 500,000,000 shares so we can compute EPS as $0.00063.
With a SP of 0.0034 we get a profit multiplier of 5.4.
As a starter, that’s a great investment.
Now the what ifs:
What if they can sell more than 6824 items per quarter?
What if there profit is better than 15%?
What if the economy gets better?
Hmmm….
Got shares anyone?
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