Cryptoblox Technologies Inc C.BLOX

Daymak math

[Pachuko]

i was trying to make sense of what the Daymak deal might mean going forward and put together a small summary. i have made assumptions which can be challenged for sure. perhaps someone can analyse and let me know if this is correct

Daymak to date has 100 million in sales of vehicles since 2001. Assuming their cost on these was 30 million( i think that is probably a very low estimate) and 30 percent of that cost is the battery as stated then the total purchase by Daymak of ACDC product would be 9 million for every 100 million in business.

If we use the same ratio and the cost to ACDC on the 9 million is then profit from the next 100 million in sales by Daymak comes to 6.3 million. If every penny of that went to shareholder value(which is not going to happen) share value on 325 million shares(current number plus 12.5 million from closed PP) not including any future dilution would come to about 2 cents per share.

Does that sound about right?

So for every 100 million in sales by Daymak there is 9 million in sales to Daymak. Anyone know what the annual revenue at Daymak is currently?

[LesterTugdan]

I think your estimates might be a little off. I wouldnt think they would be taking in 70% profit probably more like 30%. Also one thing that can't be factored in is exponential growth and that you're valuating this company based off of an outdated market. don't forget that this time last year there was a pipeline going up and oil still had a chance. It's looking less and less

[Pachuko]

100 mil 70 mil cost 30% ACDC parts = 21 mil ACDC cost at 70% = 14.7 mil Profit to ACDC on 100 mill = 6.3 mil  So this works out to be the same oddly enough The question then is what kind of annual revenue does the company need to support this current share price and how many deals will they need to reach that income. obviously 6.3 million isn't anywhere near that

[LesterTugdan]

70% of 100mil is 70million 30%= 21 mil that is the gross profit for acdc.  30% of daymak's cost's are batteries. ACDC has the rights to supply these batteries. that is 21 mil. not 6.3. This company has been awarded for its exponential growth through the past few years.

[Joseisok]

This post has been removed in accordance with Community Policy

[Justcall6969]

Daymak Inc. Information Daymak Inc. is a Motor Vehicles company based at 15 Curity Ave, Toronto, Ontario M4B 1X4, CA founded in 2002.         CB Website https://www.daymak.com Revenue $712.20 Million Employees 1,080 (View all  

[Pachuko]

that is exactly what i said. 21 million revenue at 30% profit is 6.3 million profit Not sure what you are saying here that is different from what i detailed.

[swyint123888]

Full disclosure I own quite a few shares. Can you lighten up with the soft bashing Pachuko it's getting very lame, may have to punt you to the curb. I'm gonna steal all you thunder here about this FIRST deal the company made........IT'S NOT A SIGNIFICANT DEAL IT'S MINOR.......ok. Serious investors are not here for this deal alone as that would be laughable, it's a start for

[Pachuko]

full disclosure i am on the fence on taking a position and wondering about how much of one to take so i dont see any issue with trying to sort out if the share price was an over reaction or the start of a major move. i was trying to find out what the Dymak deal really means. is it  a small potentially innovative company getting their first break of many or just a deal of convenience for two

[swyint123888]

Spoken like a true soft basher.....LOL.....there's the snap there's the kick....look at her go little billy this one is gonna fly for miles never to be seen nor heard from again as he brings no value to the discussion but rather doubt and insecurities and who needs that little billy.....who was I punting to the curb again little billy....can't even remember

[Pachuko]

Ah yes the labels come out  it just doesn't really need to be like that  hard to get simple dialogue these days. doesn't really matter if i am a basher, a hyper, a mixed breed dog owner, from Mexico or Ukraine, a cook or a physicist really but thanks for choosing a label for me. i hope that gives you solace.

[Kingfisher]

This post has been removed in accordance with Community Policy

[Joseisok]

This post has been removed in accordance with Community Policy

[Kingfisher]

This post has been removed in accordance with Community Policy

[minewalker]

Daymak is a private company been around since 2002....mostly developing EV, bikes, small cars, Quads, etc.  They have been enjoying quite the growth rate, from a garage to 300 thousand SQ ft of develpment and retail space.  The net worth as of the begining of the year..approx 120 million. So, not a bad partner for ACDC to be going to bed with.....

[Joseisok]

This post has been removed in accordance with Community Policy

[Joseisok]

This post has been removed in accordance with Community Policy

[hunterxjames]

Hahaha paid basher or shorter lol.But Poor you.That's the only thing you can to feed yourself or your wife or kids if you have . Move on buddy.Get a better living.