Lets look at the numbers, sector, pe ratio and pro
Post# of 105
Remember PAO Group, Inc was a private startup company with no debt that merged into the NWAV shell. 1- First click on the link on Bloomberg...look at the description/company overview
http://www.bloomberg.com/research/stocks/priv...=380871071
Recent Private Companies Transactions
Type
Date Target
Merger/Acquisition
August 17, 2016 --
Projected revenue for each clinic- from pr:
The company believes that demand for services in new markets such as Ohio will experience high growth and increased demand based upon historical data from states that have a more mature marketplace. In mature marketplaces , most clinics are open six (6) days per week and have 300+/- patient visits per week on average. A typical clinic has at least a week to 10 day waiting list and the average clinic charges $200 per visit. As an industry generalization, individual clinic locations can generate revenues of $2.5mm+ per year.
Ok...so lets take the initial first 6 clinics scheduled to open in feb/march/april
$2.5m x 6 clinics = $15m/yr = 1:1 pe ratio = .023 pps
Now times pe ratio health care sector pe ratio of 25 times earnings:
$2.5m x 6 clinics = $15m (x 25 pe)= $375m/yr would be trading at 25 times earnings
That would put a price at about .57 cents if the 6 clinics did $2.5m a year times times a p/e ratio of the sector norm of 25.....Now we all know the cannabis/mj sector pe ratios are nutso...so it could even be more...but I took the standard 25 pe for the sector from the link below.
pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/pedata.htm l
*AND THIS IS ONLY FOR 6 CLINCS.. . they are projecting many more...but lets get the 6 open and see where it goes...remember the Alternative Medicinal/Medicine Clinic model has a $35B projection for 2017.
As we speak today: Market Value1 $3,267,991 a/o Feb 03, 2017
* 1 or 2 Clinics alone will generate enough revenue of the current market cap.
Here is OWCP market cap: Market Value1 $97,311,725 a/o Feb 03, 2017 And there revenues are not immediate cause they are a pharma company with no products on the market...and it could take months/years if the ever do .
PAO Group, Inc. Focusing on 2017 Growth Expansion Initiatives
PR from October when the PAO GROUP (* A private company) merged into the NWAV shell:
Sandusky, Ohio -- October 25, 2016 -- InvestorsHub NewsWire -- PAO Group, Inc., (formerly known as New Wave Holdings, Inc.) (OTC: NWAV) recently announced as well as unveiled photos on social media of the companys first alternative medicine clinic being built out in Northwest Ohio.
The company is presently focusing attention towards 2017 growth expansion initiatives that will enable the company to open a projected ten (10) clinics within the Ohio market during 2017. CEO Robert Weber stated, Our management team is working diligently to be able to deliver on our goals and we are confident that we can continue to open additional locations throughout Ohio.
Significant opportunity exists beyond this we believe, said Weber, To reiterate, our 2017 clinic opening estimates do not contemplate or include the potential to expand into additional existing states that are friendly to alternative medical clinics nor does it include states that have initiatives pending on upcoming ballots that could positively expand our growth potential.
The company believes that demand for services in new markets such as Ohio will experience high growth and increased demand based upon historical data from states that have a more mature marketplace. In mature marketplaces, most clinics are open six (6) days per week and have 300+/- patient visits per week on average. A typical clinic has at least a week to 10 day waiting list and the average clinic charges $200 per visit. As an industry generalization, individual clinic locations can generate revenues of $2.5mm+ per year.
Weber concluded by stating, We believe these industry revenue projections are conservative and very achievable. We are very optimistic about the future and look forward to providing regular, ongoing company updates.
From the website: http://www.pao.group
The PAO Group would like to announce the opening of the first round of Alternative Medicine Centers of America in Florida and Ohio. Orange Park, Florida (North Florida ) February 2017 - Fort Lauderdale, Florida (South Florida) February 2017 - Sandusky, Ohio (North Ohio) March 2017 - Orlando, Florida (Central Florida ) April 2017 - Green Cove Springs, (North Florida) Florida April 2017 - Cleveland, Ohio (North Ohio) April 2017