Very Interesting PostFrom Poster "WingTrade" on the Investors Hub Eguana Technologies Board
TSLA trades at about 7.5X Price/Sales ratio, which is remarkable and due at least in part to the forward looking nature of markets who see that the future lies in EV technology. IMO it is worth noting how richly valued the EV technology is. If EGTYF can achieve $50 Million in revenue in FY 2017 and a similar Price/Sale ratio of TSLA >>> then we are looking at $50M X 7.5 = $375,000,000 market cap for starters which would be about $2.25 per share with the current O/S >>>> If sales really take off, and EGTYF starts hitting larger contracts and starts pumping out double, or triple that revenue... then watch out because this could become a real monster. As long as things keep rolling along as expected, I'm looking to be a long term shareholder here. All JMHO