Royal Nickel Corp. RNKLF

Worth your DD time ...

[Sinbob]

DAC: low float, tightly held … huge customers … Worth a very serious look:
 
“On Valuation
 
The market has totally ignored the acceleration in the core Platform3 business in the past couple months.
 
Consider the following, On May 30 they had a contracted revenue backlog $1.3M for their Platform3 business, in a short 45 days later or so on July 17 they announced they were closing in on $2.0M in contracted revenue for Platform3. – THIS IS AN INCREASE OF OVER 50% IN CONTRACTED BACKLOG IN LESS THAN TWO MONTHS  
 
This is before we even consider the partnerships they are lining up to launch their Flexxi Rewards Program in the coming months.
 
If I use a 3.0 – 4.0x Sales figure comparable to other Recurring SaaS based business models with high gross margin profiles similar to DAC.V on that $2.0M contracted Revenue figure I get to a share price target of 0.14 – 0.19/share or 0.165/share at the midpoint which equates to 200% upside and still get all the free upside optionality of the Flexxi Reward platform for free.
 
 
Personally, I think the company is worth at least the value of the capital it took to build the platform because it has a proven business model, this would equate to at least 0.25/share.
 
 
You can see how the numbers can go parabolic to the upside quickly just from a sentiment change. The name is an absolute lottery ticket. Under 0.08/share close your eyes and buy it, because if the market doesn’t start to recognize the value of it could easily get scooped up by a bigger fish at a nice premium. – Same goes for AT.TO
 
Read more at https://stockhouse.com/companies/bullboard?symbol=v.ttm&postid=29949711#sl7xH4bssaapmCJx.99