FRFS.....How high could PPS really go? This is a question that i've seen asked on numerous boards so I thought i'd see if I can break it down a bit. One important thing to understand is that Gifa Inc is not loaning their own money. They are an international financial brokerage who have dealings with many large banks and arrange these loans/deals.. Thus, when we see that in 2017, Gifa Inc brokered loans of $18 Billion, this was not their own money. That being said, we need to look at how much Gifa Inc actually makes from putting together these rather large financial deals. Many commercial loan brokerages collect between 7-17% of the total of each loan transacted. With the sheer size of these loans, and the fact that they are large international deals, i'd be inclined to say that Gifa Inc is collecting near the upper end percentage wise, on those deals. To be conservative, let's use 10% as Gifa's share. As I mentioned earlier, Gifa Inc recently claimed to have arranged loans of $18 Billion in 2017 (they had projected $14B for 2017, exceeding their goals by $4B) with plans to reach $30 billion in 2018. On the 2017 deals of $18 billion which have already been attained......Gifa's percentage of those brokered transactions (using a conservative 10 percent) would be approximately $1.8 Billion. Before arriving at a conservative price per share estimate, we need to realize the calculated EPS (or earnings per share). To do this we would need to divide the total of $1.8B in revenue by the current total of outstanding shares...which is 160M shares outstanding. 1.8B/160M O/S = $11.25 in earnings per share. This is book value PRIOR to applying a standard PE multiple which would tell us where FRFS (Gifa) could fundamentally be trading. Both investment brokerage operations and credit services carry a standard multiple of around 20x within the "Financial Services" sector. This is the multiple you would then apply to the EPS to arrive at a possible pps projection. $11.25 EPS x 20 = $225.00 pps. Not conservative enough? Use a multiple of 10x to arrive at a pps of $112.50. Listen....even if you were to use an insanely conservative multiple of between 2x to 5x (or not even adding a standard industry multiple at all!)........many who loaded up at these current levels will be multi millionaires. What do you think? Are these numbers worthy of "immediate uplist" to Nasdaq? This is what Gifa Inc has said they intend to do! Reminder, with these numbers I am only going by 2017 numbers as told to us of Gifa's financial loan brokerage alone. This does not include 2018 projections which will be even higher nor does it include all other assets under Gifa Inc. Let that sink in. Those planning to sell at $1 per share may dramatically selling themselves short. V Hestheman