CSE:INVR - Post Discussion
Post by
opsman93 on Mar 02, 2021 3:33pm
Might see $1 in 2021
The board for MRBL is really quiet, feels like almost nobody has heard of this company. Hopefully that'll change in the near future. I found MRBL late January 2021. The thing that caught my attention was the insider buying, they have been buying relentlessly! Even up in the $0.40's. Every second or third day there are more filings of purchases. I think this precedes a much bigger move higher. After doing my DD on Marble I found that the company launched it mymarble app in June 2020 at which time they had zero users (obviously) by December 2020 they had approximately 4000 users and by end of January 2020 they had about 16000 users. This was stated by CEO in an interview at the beginning of February 2021. It's also stated that a paid subscription is $30/month. Rough math here. With current subscription numbers (if they're all paid).
16,000 x 30 x 12 = $5.76M revenue per year
$5.76 x 10 = $57.6M market cap
$57.6M / 48M shares = $1.2 per share.
I used a PE ratio of 10, figured it was average. But if this company show 400% user increase every few months then it could go higher.
I'd love to hear other ppls thoughts about Marble I think it has real potential for 2021.
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