Replies to post #34762 on Hollund Industrial Marine Inc. (HIMR)

[kickasstimus]

2.8M market cap as of right now.

I'm saying a market cap of $50M to $70M would put it trading 50x earnings or more. That's overvalued. I'm not saying it can't happen, look at Tesla. But putting HIMR and Tesla in the same boat is a bit of a stretch; the hype just isn't there and won't ever be. People care more about cars than they do about the wood that makes up their walls and tables.

After the buyout is complete, a pps of $0.01 would put it in the $50M range. I'd expect a $50M underwater logging company to have a significant presence in several countries along with $10M to $15M revenue.

So, the original question: Can HIMR get to $0.01 this year? Not likely at their current rate of growth. However, am I an optimist on HIMR. Yes. I believe it will get to $0.01 ... eventually.