Post by
ThoughtsOnThis on May 18, 2021 8:23am
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...
Comment by
Bobo2929 on May 18, 2021 10:54am
OMG Using $975,000 !!!! Try using $20,000,000. Marilyn says easy $25,000,000. Did you read the past news release and see the big names about to come on board. If you cant see the future, this is not the company for you. Try Amazon
Comment by
Gg33kev on May 18, 2021 10:13pm
Please post more after the investor meeting on Wednesday. I won't be able to listen to it to the weekend. I have put stuff out there just to get discussion started as well. No one discusses and I learn nothing and don't become any smarter.