Annualized Net Income Range $1.6 to $2.0 milli
Post# of 7290
This should at least be trading in the range of 6 to 10 cents and here's why
Check the filings on pinksheets.com under TDGI
Q1 - Q3 Revenues per filings $3,757,902
Q1 - Q3 Gross Profit $1,859,795
GP % of revenue 49.4%
Net Income $1,254,418
Net Income % of revenue 33.4%
Annualized Net Income $1,672,557
Current PPS .0265
Shares 477,995,139
Annualized Net Income per share .0035
P/E is (.0265/.0035) = 7.57
If annualized Net Income = $2,000,000 then
P/E is (.0265/.0042 earnings per share) = 6.3
Either way it is very undervalued for a company who is growing very fast
P/E should be and will be at least 20 for this stock
.0265 multiplied by at least a 4 increase for proper P/E multiple = 10.6 cents