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hokiefan95

03/09/14 10:05 AM

#20681 RE: the submariner #20680

market cap right now is 6 million. we've have an asset that brings in 2.5MM revenue per year.

315,000 twitter followers for @datpiff
45,000 twitter followers for @hiphopearly

977,000 facebook followers for datpiff
133,000 facebook followers for hiphopearly

That is a big audience we have direct access to for marketing.
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raggystrongman

03/09/14 11:14 AM

#20685 RE: the submariner #20680

It is a good question and ultimately the market will decide.
But when calculating a companies worth, without future growth prospects most companies don't trade in extreme multiples of sales figures. Investors buy shares based on future worth...in our case, it is impossible to know since we dont know what plans they have in the works, if any at all