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Hangover Joe's Holding Cor HJOE
Posted On: 08/25/2015 4:28:13 PM
Post# of 15187
Posted By: Coujoe62
Anyone thinking about selling in copper, here's something to think about. Based on what the company has told us, we have roughly 1.9 billion shares, a projection of 3-5 million. This is prior to SMS deal, and company stating that they are ahead of projections. If we just use 5 million in sales this would give us roughly. .02 fair market share price. Now given the company will have derived this revenue in the last 6 months of the year, and this is with a market not even close to being fully penetrated, and the fact that the company is in rapid growth, We could safely use a forward looking PE multiplier of 16, and I think that is a modest number. So add it up, you may leave a lot of cash on the table.













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