SVTE Success story: SVTE acquired deltastag (re
Post# of 417
SVTE acquired deltastag (revs now ~3.6m annually; small operating profit last Q) in 2013, last month they acquired MCV comp. INC (private business with ~2m rev last year and running on operating profits. SVTE paid some cash (generated by a non convertible non toxic loan), some shares. The lack of guidance brought the pps down from the cent threshold to the 0.002s.
Market cap only $330k, which is one third of current quarterly revenue and one fifteenth of the expected annual revenue (5M).
http://finance.yahoo.com/news/team-completes-...00784.html
Summary Annual Revenue
Expected 2016 = $ 5.0 mln ( 92% increase over 2015)
10K 2015 = $2.6 mln ( 100% increase over 2014)
10K 2014 = $1.3 mln ( 30% increase over 2013)
Proper appreciation would for this sector be twice the PS ratio...around 5 cents. We should at least see 1-3 cents by EOY.
SS excellent; I expect some final rise in the coming few weeks through finishing up with the last convertible debt (declared in the last Q; 2 small notes by Tanger/1 tiny one by US Aff.) which led to the slight OS increase in the last weeks.
All in all a gem at the current entry pps...amazing potential.