SP Calculations (?)Just food for thought here:
OS = 88,000,000
2020 Revenue = $975k
Revenue Multiple 10x (open to discussion) = Market Cap of $9,750,000
$9,750,000 / 88,000,000 = $0.111
To match the current SP the multiple has to be 30x+. Q: What multiple will the market put on PAID? If you grant PAID FinTech status, and I think that's a stretch at this moment, the multiple is currently around 15x.
Net Loss in 2020 $3.6MM up from $2MM in 2019. The company burned $300k a month in 2020 so if that isn't turning around right now (this quarter) I'd say we are in for two things; a share price below $0.20 followed by a very dilutive financing...