Oh I get that, they need the cash first. So, like I said, Carmax gets PE 21. For EVCARCO take away 10 PE due to speculation, but add 10 PE right back due to the fact that hybrid sales are going to keep gaining market share yearly, and bigly.
I see no reason why EVCARCO cannot trade at a 20-21 PE right now with what is known.
You have to understand, when they get the financing, and build the dealerships and stock the lots with every type of used hybrid out there, this will trade at 50 PE.
That would be about a net worth of $75M, which is close to what that Micro Cap Stock promo said, PPS .70 this summer. Obviously they have talked to EVCARCO management, and know about their 4 month build out plan pending financing in the next month or two.
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