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steved_45

04/22/11 9:58 AM

#18370 RE: SsbTwentyTwo #18369

Dollar world would be a stretch since there's 1.425BB shares O/S. This company would have to see profits in the 100MM range for the company to have a reasonable valuation.

I do think that over time (next 12-18 months) we can start seeing sales in the 3-5MM range/year and profits be somewhere in the 600-800k.

If the national expansion goes as planned, as well as Canada, I think this company could be worth 30-50MM in the next 2-3 years.

At today's current O/S that's approx .02-.04/share. But if sales start taking off, the multiple will be bigger and we could even see this in the .05-.10 range. Just depends on several things...
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Pipa

04/22/11 10:11 AM

#18371 RE: SsbTwentyTwo #18369

You're being a bit too optimistic here with your analysis.
Unfortunately, this is ihub, and not a group of 300 in utopia.
There's only 2 of us here now, and we probably wouldn't agree on
trading/investing strategy...so to try and get any number of
people together to perform what you suggest would be near
impossible.....jmho