About QTMM share price and its peers Step
Post# of 22456
About QTMM share price and its peers
Stephen Squires (past Shareholder Update): "Without revenue share price is meaningless, current share price does not reflect the company's value, only sustainable revenue will".
Which potential start up junior does not see its share price lingering at 2 cents for years while other companies with no potential of growth see their share price dwindling down to $0.00000001. Market Makers reward only companies succeed in achieving sustainable revenue.
All of us have spent around 15 years in school and college and incurred quarter million dollar in expenses but generated no income. We were planting seeds for the future. So did Stephen Squires, the seeds he planted in the past 12 years are emerging with juicy fruits.
Only those with patience and endurance will harvest the rare juicy fruits that comes only once in one's life time, achieve an early retirement and enjoy a longer life.
Cats and dogs will have their days, QTMM share price history proved that only news of revenue did and will cause share price surging or soaring. Subscribers for the QDX HealthID App are enrolling in, the company is in the REVENUE PHASE. When the time is ripe the rocket will be launched.
The following junior companies are involved in either one of Quantum dot applications, Blockchain, Anti-counterfeiting or COVID-19 remedy. QMC involves in all of Quantum dot applications, Blockchain, Anti-counterfeiting and COVID-19 remedy.
Patient shareholders of those companies who loaded up at 2 cents and had the patience to wait it out will be very rich and will achieve an early retirement.
SONA.CA share outstanding: 60,778,028
1) SONA.CA: https://bigcharts.marketwatch.com/advchart/fr...p;state=10
https://stockcharts.com/h-sc/ui?s=SONA.CA&...1082121508
GNBT.OTC share outstanding: 79,848,471
2) GNBT: https://bigcharts.marketwatch.com/advchart/fr...p;state=10
https://stockcharts.com/h-sc/ui?s=GNBT&p=...6917193450
DECN.OTC share outstanding: 300,623,608
3) DECN: https://bigcharts.marketwatch.com/advchart/fr...p;state=10
https://stockcharts.com/h-sc/ui?s=DECN&p=...1374977044
DM.TSXV share outstanding: 259,016,361
4) DM: https://bigcharts.marketwatch.com/advchart/fr...p;state=10
https://stockcharts.com/h-sc/ui?s=DM.V&p=...0466724109
MIR.TSXV share outstanding: 658,364,320
5) MIR: https://bigcharts.marketwatch.com/advchart/fr...p;state=10
https://stockcharts.com/h-sc/ui?s=MIR.V&p...6045510877
RVV.CA share outstanding: 189,408,777
6) RVV.CA: https://bigcharts.marketwatch.com/advchart/fr...p;state=10
https://stockcharts.com/h-sc/ui?s=RVV.CA&...2467881018
QTMM.OTC share outstanding: 683,213,592
7) QTMM: https://bigcharts.marketwatch.com/advchart/fr...p;state=10
QTMM weekly
https://stockcharts.com/h-sc/ui?s=QTMM&p=...3745155094
Future share price projection
American population: 428 million
If only 50% of the population will subscribe to QDX HealthID (an extremely conservative estimate), there will be 214 million subscribers.
Each App cost subscriber $2.69. For each test, QDX HealthID Inc will receive $2 from its test kit / test service partner, so revenue from each subscriber is around $4.
214 million subscribers x $4 = $856 million (excluding numerous re-testing)
Gross Revenue: $856 million
Cost of Revenue (assume to be 30% of Gross Revenue): $257 million
Net Revenue (profit):$600 million
Administrative and Operating Cost: $7 million (from past financials)
Net Earnings: $593 million
Share outstanding at A/S limit: 750 million
Earnings per share: $0.80
P/E Ratio_______Projected Share Price
===============================
4______________$3.20
5______________$4.00
6______________$4.80
7______________$5.60
When the time is ripe, the rocket will be launched