You and me both. What valuation is needed? I’v
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Posted On: 02/27/2021 9:31:02 AM
You and me both. What valuation is needed? I’ve a target between 20-80 cents with $15 million in revenue if assumed in 2021. If Pasaca and QMC have added revenue and exceed that, what valuation does the market yield.
We easily ran to 20 cents before the short term investors took profits and drove it down. With updated financials and more brokerages allow buying of QTMM, where does the share price land if financials show $15 million already or more?
If we assume we could sustain $0.40, then we’d need about a 10 to 1 reverse split to meet the minimum $ threshold to up list to the Nasdaq. 20 or 30 to 1 might be more appropriate to get well above listing minimum $ amount.
With sustained revenue and added liquidity and visibility from the Nasdaq, my opinion is the share price will go up after the up list. Win for us all, especially if revenues grow and new products take off, like anti counterfeiting.
We easily ran to 20 cents before the short term investors took profits and drove it down. With updated financials and more brokerages allow buying of QTMM, where does the share price land if financials show $15 million already or more?
If we assume we could sustain $0.40, then we’d need about a 10 to 1 reverse split to meet the minimum $ threshold to up list to the Nasdaq. 20 or 30 to 1 might be more appropriate to get well above listing minimum $ amount.
With sustained revenue and added liquidity and visibility from the Nasdaq, my opinion is the share price will go up after the up list. Win for us all, especially if revenues grow and new products take off, like anti counterfeiting.
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