RE:RE:Dec 31S7research wrote:
When we close the ABL I would expect 10 cent. Have to be done this year. Add better sales and we should be safe. Once we are safe then we will see the right value.
I think just randomly picking numbers is meaningless. Lets assume what I would consider best case $3 million sales by Dec 31. And a fairly agressive valuation of 10x sales (APPL=6.5). So that would mean a $30 million valuation. I get a price of around 5-6 cents if all goes well (give or take ignoring further dilution).