And is much appreciated! Just very tough to do a v
Post# of 41414
Posted On: 12/30/2015 7:16:29 AM
And is much appreciated! Just very tough to do a value to value comparison. Agreed reverse math shows undervaluation but until we revenue hard to find fair market price. I can't wait for how the market reacts to a pass because that will set the baseline for us to bounce off of once money rolls in!!
Maybe a poor analogy but you ever watch shark tank ? You ever see someone step into the tank with an amazing idea, patented and inventory to fill a warehouse? All good right, then Mr Wonderful says. What are your sales? And BOOM the hammer drops "we are a start up and haven't sold anything yet". Immediately the Sharks all agree how the hell do you value it? You can value the inventory, sweat equity, and potential market share but is very subjective. I really hope the market sees all the good in BLTA in the subjective valuation of a pass!!!
I hope I don't sound negative as all you know I am a HUGE pro BLTA guy, just trying to be realistic around certain items but HIGHLY optimistic to blow my own expectations out of the water.
Maybe a poor analogy but you ever watch shark tank ? You ever see someone step into the tank with an amazing idea, patented and inventory to fill a warehouse? All good right, then Mr Wonderful says. What are your sales? And BOOM the hammer drops "we are a start up and haven't sold anything yet". Immediately the Sharks all agree how the hell do you value it? You can value the inventory, sweat equity, and potential market share but is very subjective. I really hope the market sees all the good in BLTA in the subjective valuation of a pass!!!
I hope I don't sound negative as all you know I am a HUGE pro BLTA guy, just trying to be realistic around certain items but HIGHLY optimistic to blow my own expectations out of the water.
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