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Message: I would really like to see figures

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Re: I would really like to see figures

in response to Re: I would really like to see figures by FriendlyPirate

posted on May 21, 09 04:57AM

With a float of 55 Mill shares, 2010 has the potential of generating @ $2 per share in revenues.

If this ends up being true, and we assume gross margins at 25% and another 15% for wages and general expenses, then that could leave 10% of gross revenue in profit. 10% profit of $20M is $200,000. 55M S/O / $2,000,000 = 0.036c Earnings per share.

So, right now were trading at roughly 15 times P/E, but with the high growth rate, I figure we could triple that at least.

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