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Posted On: 03/03/2017 2:55:20 PM
Post# of 104115
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$ICLD$ NASDAQ stock gone OTCQB - I am in deep - I drank the koolaid, sold off my Dad's old golf clubs and sunk my life's savings into this darn IT tech stock - BUT WAIT!!! It has >$66million in sales revenues - yes, I know I had to research that too! Anyhow - you may want to check out the DD that is already amassed and consider entering before it spikes up next week. I entered for 1.6mil shares at average $.017 - wish me luck!
https://www.otcmarkets.com/stock/ICLD/quote
ICLD is worth .75 - .95, here's why ...
ICLD had a 4 sales multiple as per their Dec 2013 10-K
($200 mil mkt cap/$51 mil sales) ...
The $200 mil mkt cap was determined by multiplying
$20 stock price
(as of 12/31/13) * 10 mil OS (as per 2013 10-K) ...
If a 4 sales multiple were applied to current annual sales of $66 mil,
then ICLD should have a $264 mil market cap,
or a stock price
of .75 - .95 (depending on the OS used)
![:-) :-)](smileys/smile.gif)
https://www.otcmarkets.com/stock/ICLD/quote
ICLD is worth .75 - .95, here's why ...
ICLD had a 4 sales multiple as per their Dec 2013 10-K
($200 mil mkt cap/$51 mil sales) ...
The $200 mil mkt cap was determined by multiplying
$20 stock price
(as of 12/31/13) * 10 mil OS (as per 2013 10-K) ...
If a 4 sales multiple were applied to current annual sales of $66 mil,
then ICLD should have a $264 mil market cap,
or a stock price
of .75 - .95 (depending on the OS used)
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