^^^^^Elio, based on $20 net earnings per unit of PMA (from Leroyt post)......and assuming
10MM oustanding shares (I think there is less).......That's is $0.02/share in earnings for
every 10,000 copies sold. If we sell 100,000 units in 1999, that is $0.20/share in
earnings. Put a very conservative P/E on that of 10 and you have $2.00 share price for
BNEZ.
Now subtract all the money bnez spent that year, rent, salaries, advertising, etc, throw in the 100k to become fully reporting with sec
all the debt bnez must have built up staying afloat till revenues rolled in
that 2 million in revenues minus expenses will be closer to 400k my guess, now 10 million shares 400k earnings, thats 4 cents a share
10 times earnings equals 40 cents, that's bnez fair price right now
you want to pretend you should be a $2 stock with a guesstimated cap of 20 million, non-reporting etc., fine have a good time, bnez is a 40 cent stock deal with that fact and you'll be a lot happier down the road.
cavalry |
