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Posted On: 04/20/2017 8:16:57 PM
Post# of 7362
Net income for 2016 was $650,000 so
based on share structure and a conservative trading multiple considering the growth potential here this stock should trading in the mid .02's on last year's number with no consideration for the merger and 65,000,000 in funding, etc, etc. Considering it's a rarity to find a stock on these chat boards with revenues and even rarer to find one that is actually profitable and sone of those are pulling 50 to 100mm market caps hhse could be .10 without the merger and funding which would give it an 80mm market cap. Way undervalued here to say the least.
based on share structure and a conservative trading multiple considering the growth potential here this stock should trading in the mid .02's on last year's number with no consideration for the merger and 65,000,000 in funding, etc, etc. Considering it's a rarity to find a stock on these chat boards with revenues and even rarer to find one that is actually profitable and sone of those are pulling 50 to 100mm market caps hhse could be .10 without the merger and funding which would give it an 80mm market cap. Way undervalued here to say the least.
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