SYCR is Worth $3.63, even if ALL Reg S shares are converted at $.50
Assuming:
Value = Earnings/(shares outstanding + Reg S conversions) * 30
Reg S conversions = $8 mil/5 day average Share price.
Earnings = $3.885 Mil (See below).
Shares outstanding = 16 Mil.
If price = $.5, Value = $3.63
If Price = $1, value = $4.86
If Price = $2, value = $5.83
If Price = $3, value = $6.24
I am holding the SYCR that I have in case it jumps now. I will buy more if the price drops in Mid March. If it goes up, I make money. If it goes down, I buy cheep and then make money. Is this a great country or what?
Earnings based on SYCR getting $18.50 per unit.
500,000 units of Windrenelin (NO OTHER PRODUCTS)
500,000 x $18.50 = $9,250,000
9,250,000 x 70% profit margin (they were doing 85%) = $6,475,000
$6,475,000 x 60% After-Tax Net Profit Margin (they did 75% before) = $3,885,000 Earnings |
