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  4. ScripsAmerica Inc (SCRC) Message Board

Cosmo - You are exactly, right. In fact, $100 mil

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Post# of 7769
Posted On: 09/03/2014 11:08:40 AM
Posted By: Bsav88atty
Re: cosmo #4452
Cosmo - You are exactly, right. In fact, $100 million in revs has always been my longterm revenues target. Assuming merely 10% of that number dropped to the bottom line after taxes, and further assuming the OS increased to 150 million shares by then, that would result in an eps of $.067. You have been around long enough to know that when a small company reports the astronomical growth for three consecutive quarters or more, the PE ratios go through the roof. Several months ago I provided a list of companies with explosive growth with PE ratios well above 50. At a minimum, I would dare speculate a PE range for SCRC after reporting $100 million in revenues and $10 million in net, after-tax profit to be between 25 and 50. If so, the sp range would be $1.68 and $3.35. And as you opined, I'd like to also say that I am not Looney Tunes.

I do not know about you, but I can wait a couple years for over 2,000% return on my investment. Bob and his team are doing all of the hard work. All we have to do is add shares where we can or simply just keep our fingers off the of sell button as we continue to support ScripsAmerica and watch its continuous growth. Where else can you make that kind of money without lifting a finger? Time and patience are our friends.


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