I know we are all waiting for 10K....and some of u

I know we are all waiting for 10K....and some of us probably feeling very discouraged...so I thought I'd post something to help us be encouraged.

So, I posted about ZYXI on 9/1...so, I just checked the company again, according to Yahoo finance, its annual revenue is less than 40 million but the market cap is 292 million...so, the market cap is 7 times of the annual revenue.

Let's look at GNBT, the market cap is only 70 million...Joe mentioned that 250 million annual revenue is a low estimate once GNBT gets uplisted...if I use 250 million x 7 times (same multiple as ZYXI), the market cap would be 1.75 billion....1.75 billion divided by 70 million = 25...so, if we used the same ratio, the PPS would be 25 times more than today's PPS.,,,that's $40 per share.

Just something to help us keep everything in perspective...of course every company is different...does not hurt to dream about the possibilities while we wait for the 10K












Posted On: 09/01/2019 1:06:20 AM
Posted By: Paul Jackson
Here is another example of an uplist price action -

Zynex (ZYXI). On 2/7/19, the company announced uplist. The stock closed on 2/6/19 at $3.76. The PPS got up to $11.73 on 6/24/19. It is now at $8.94. The company got to ring the opening bell on 2/21/19.



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