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Media Central Corp. FBOP

Media Central Corporation Inc. is an independent and alternative media company situated to acquire and develop high-quality publishing assets, starting with the recent launch of CannCentral.com, a robust news, lifestyle and community cannabis platform curated for the human experience. Our strategic corporate team is composed of publishing, technology and capital markets professionals who are poised to deliver high-quality content, strategy and substantive value across a number of platforms.


GREY:FBOP - Post by User

Comment by Reallitycheckon Jan 08, 2021 10:55am
195 Views
Post# 32253607

RE:RE:RE:RE:What I want to see before investing (#2)

RE:RE:RE:RE:What I want to see before investing (#2)19 mil an impressive number to be sure but at half a cent it's only $95k. Also let's not forget that with acquisition/merger there'll be almost 550 mil o/s shares. Again an impressive number but just think about it since it basically means an MC of almost $3M and EV of I don't know say close to $5M. So at even say 20 times EBITDA usually reserved for still growing at a nice pace companies which this for sure is not, the EBITDA would've to come at around $150K while in actuality the EBITDA is probably negative yo the tune of at least $1M if not much more. For sure 2020 was. At a more reasonable 5 to 8 times EBITDA would've to come on at around $500K. Again it's negative. Go figure. 
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