JohnJohn, I know I originally put 10 cents as the
Post# of 96878
Posted On: 03/14/2015 5:24:29 PM
JohnJohn, I know I originally put 10 cents as the target, but I edited my message and updated my estimate. The original poster who I was responding to was actually very close to my revised target. The differences, though, are that I used an even worse-case scenario, applying all authorized shares of 990M and a lower PE of 20 to get to a PPS of 8.8 cents.
Keep in mind, the latest press release stated that gross profits should contribute "more than $8 million in 2015." I was only factoring in an additional $8 million in gross sales, so the PPS could be even higher.
GLTAL
Keep in mind, the latest press release stated that gross profits should contribute "more than $8 million in 2015." I was only factoring in an additional $8 million in gross sales, so the PPS could be even higher.
GLTAL
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