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Microcap & Penny Stocks : Brisio Innovations Inc.

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To: Acton who wrote (1608)4/8/2015 9:51:35 AM
From: WorthaDeeperLookRead Replies (2) of 1952
 
Honestly I can't see how ITM and LA can justify a 0.15$ share price alone. I'd be happy to admit I'm wrong if you share your model and it is robust.

I did my own valuation of the opportunity based on Paul's stock picking skills. I believe 15% compounded return over 25 years is a conservative-to-neutral assumption. That would warrant a 3x multiple on the current value of tangible assets.

Hypotheses:
- ITM's share price = 0.20$
- Lite Access' share price = 0.25$
- Book value of mobile app investments = 237,000$
- Cash value of warrants = 915,000$

BZI per share valuation = 0.154$

I am not a shareholder yet, but probably will be if share price gets closer to 0.10$ which I think could happen with the warrants overhang. If it doesn't happen, I will be happy to pay up for shares when the fundamentals catch up to the share price.

P.S.: Keep in mind it's possible to invest in ITM and LA directly, so I'm not willing to pay for future value of those investments (plus paying management fees and exchange fees thru Brisio) if I can get them at market price right now.
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