RE:RE:LD 500 Conference - PTQ at 0900 ESTI re-listened to the broadcast a couple of times and I think he was referring more to the amount of revenue of the companues that PTQ is in the advance stages of negotiation with versus how much of their cash commitment would be used in the aquisitions.
50 million of aquired revenue at 5-10% Ebitda (as per their reaffirmed criteria) would mean purchasing $2.5M-$5M in ebitda. The purchase prices should summate to 3-5X EBITDA so at the high end approxiimately $25M -$30M of PTQ's warchest would be applied to these transactions
20%+ post-integration EBITDA margin would see them generate $8M-$10M annualized Ebitda with these aquisitions (50M x20%). With 110M undiluted shares and trading at industry standards of 12X EBITDA they potentially are adding $1.09 to the stock price ($10M/110M sharesx12).
Check my math, but ( as I see it) we have a potential 85% SP gain coming down the pipes in the way of aquisitions without taking into account the above-industry average organic growth and presently-discounted EBITDA SP multiple.
IMO and just my opinion...do your own DD