Thanks for the info. Well looking at it from a purely mathematical standpoint, CAN$ current mkt cap is approx 280,000,000. Pps today closed at 18.6. That leaves the float at approximately 15,000,000.
If we were to value FITX on the same scale of 280 mil mkt cap. With the current float of 1.5 billion. That would put a pps of .1866.
If you factor in the preferred shares that come up in April and put us at 3.5 bil float. That brings the pps to approx .08.
I used the 280 mil market cap as an example since that what CAN$ currently sits at. Given tomorrow's revenue projections, one could speculate that a safe bet for the mkt cap is 5x a years revenue at full capacity.
In closing, tomorrow's revenue projects can put a relatively accurate pps projection going forward. I, like all of you, are hoping these projections are outrageous which will allow us to factor in a much higher mkt cap for possible forecasting of pps and make us all filthy rich.
Good night everyone.
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