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Yes. For both NYSE & NASDAQ is $1.00 minimum. With

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Post# of 3333
(Total Views: 226)
Posted On: 04/06/2017 7:32:31 PM
Posted By: Trappist-1
Re: PennyStockin #2355
Yes. For both NYSE & NASDAQ is $1.00 minimum. Without getting into P/E ratio's, they would need enough sales to generate a market cap of over $800M. Now with that said, if they prove continued quarter over quarter growth, move off the pinks through audited books, pick up large investors then there is a way to et their quicker through P/E. The P/E (Price/Earnings) ratio is the inflated stock price relating the the company Market Cap. The higher the P/E, the more the investors think the company potential. For a typical big board stock, A P/E of 15 is avg. (Investor is willing to pay 15 times the current value for a stock).

After doing the below, we would be currently doing 15M in sales right now with a P/E of 1 (meaning "prove" that your revenue will grow before we invest at a higher price)

Example: (this is not actual, just saying 15M for math purposes only)
ICNB current revenue = 15M
Outstanding shares of stock - 814M shares
15M/814M = 0.0182 cents

Lets say investors think we are avg. and want to buy the stock at a P/E ratio of 15

15 x 0.182 = 0.276 cents

In this case, we would be trading at around 27 cents.


Three big factors here:
1) Amount of Outstanding shares (lower the better)
2) Revenue (higher means we are we are worth more in the equation)
3) P/E ratio (this is only determine by what investors are willing to pay (this jumps quickly after ER's come out).



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