GREY:CLRYF - Post by User
Comment by
L.A.on Dec 10, 2015 8:55pm
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Post# 24375306
RE:2016 Stock Price
RE:2016 Stock PriceHi Scotty,
I don't know exactly what the average price per transaction is but 75 sounds conservative.
I can say you have one error in your calculation and that is the shares outstanding.
You have to use the fully diluted share issue which is 345 million plus I understand we need another
3 million dollars so to raise that we would have to issue 60 million shares at 5 cents.
This would bring us up to approximatly 405 million shares issued. So to use your numbers that would equate to a 2 dollar share price give or take a few cents.
Also that was using 2000 BPO's per day starting Jan 1 and that won't happen.
Personnally I think we will do any where from 150 to 300 per day. I hope I am wrong because I like the 2000
number way better. On the flip side I think the average price comes in at 150 - 175 per transaction.
So if you use 300 trasactions per day at $150 = $45,000 per day x 365 = $16,425,000 x multiple of 15
= $246,375,000 divide by 400,000,000 = share price of 61 cents