RE:RE:RE:RE:Not much difference between 2 and 3 cents unlessFor arguments sake, let's say 3x revenue is a good multipler for this venture stock. Adding 4million revenue would mean 12million in market cap. Given that @ 0.02 = approx 4mill mc, that would only take this to 0.08
At this point thinking of a 4million deal under Fox is a bit laughable; if Allen can get that, even better. The main goal here should be getting close to cash flow positive with its operations Assuming 50% margins, a 1million dollar yearly deal should get us close to that.
If that happens, it will move this stock, but given Allen’s recent history and deal closure in the last year and revenue history, I’m not holding my breath for a seven figure deal.
SizzlinSteaks wrote: It has long been said that a standard rule of thumb for valuation is 3x earnings on the venture. So if we were to use that solely as our basis, would it not be fair to say a 3 to 4 million dollar contract SHOULD take us to 10 cent?
sicilian2 wrote: That's the$$ Million dollar question. Honestly I don't have a number but comparing to past news the Sp has not done much but stay flat.
I would assume a multimillion dollar contract that would have a reoccurring or year over year revenue . Plus we need multiple contracts in the same space that would follow. Holding AAO do a long while no it's obvious it takes alot for this stock price to move upward .
Im not trying to be philosophical and to answer your question; what is a significant contract or revenue ?
Well.....that would be decided from the eye Of the beholder.
SizzlinSteaks wrote: Sicilian2 or any other shareholder here....... what is your idea of a significant contract?
...or what size contract do you think would take this back to 10 cents? Curious to know others opinions here on this topic?