interesting SA article out this morning .. par
Post# of 593
(Total Views: 307)
Posted On: 09/21/2017 11:17:55 AM
interesting SA article out this morning ..
part of the article ..
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just me perhaps .. but i don't think NR is done working resets lower on MSRT
as always that is just my opinion .. unknown catalysts can always surprise to the upside and *force* hands ..
as of this post .. avgs ..
Previous Close
09/20/2017 0.3275
52-Week High
01/05/2017 1.18
52-Week Low
09/20/2017 0.30
Price Performance (Last 52 Weeks)
-- --%
Volume 137,325
Volume (10 day Average) 600,393
Volume (90 day Average) 532,848
4kids
part of the article ..
Quote:
So, if it wasn't MassRoots buying CannaRegs, would this be considered a fair price? Investment firm Hadley Capital states on its website that small companies, in general, are valued at 3-5x EBITDA. Ostrowitz said her three-year EBITDA is actually higher than $10 million. “It's just not uncommon in tech.” She also noted that her company can scale without raising costs.
One thing industry insiders can agree on is that at least CannaRegs brings immediate revenue to MassRoots, something the other recent acquisitions don't. The company provides online information regarding state and municipal laws and logs almost half a million in revenue per year without incurring any debt. CannaReg's has 50 law firms signed up, among other clients, and Ostrowitz said she just signed another two.
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just me perhaps .. but i don't think NR is done working resets lower on MSRT
as always that is just my opinion .. unknown catalysts can always surprise to the upside and *force* hands ..
as of this post .. avgs ..
Previous Close
09/20/2017 0.3275
52-Week High
01/05/2017 1.18
52-Week Low
09/20/2017 0.30
Price Performance (Last 52 Weeks)
-- --%
Volume 137,325
Volume (10 day Average) 600,393
Volume (90 day Average) 532,848
4kids
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