Post by
deepthinker63 on Sep 06, 2018 10:46am
58 million shares
20.5 million of which are preferreds. Dividend costs are currently around $500,000, which is manageable. Market cap at 45 cents is around $26 million. With 2019 revs of around $17 million and a 2.5 multiple, market cap should be in the $42 million range. That’s around 72 cents. I consider all these numbers conservative given the margins and growth prospects.