TSXV:RHT.H - Post by User
Comment by
sicilian2on Sep 19, 2017 11:24am
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Post# 26713914
RE:RE:CEO's reply to license question
RE:RE:CEO's reply to license questionEven at half that amount we would be sittin pretty. Calculate at 3x valuation we should easily be at $5 a share
digitel wrote: ""Limited license" refers to the fact that we are only providing one small component of our platform to residents of the City of San Antonio through this contract"
It is a US$1.22 million contract for San Antonio's 1.4 million citizens. They are going to expand. Given the US has over 200 times the population of San Antonio the same contract nationwide would be worth US$244 million. It's not that simple but there may be upside with expansion outside of San Antonio and its 1.4 million people.