Ann: CryptoKitties beta launch in Greater China, page-63

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Happy_cup

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08/03/18

20:55

Post #: 31631722
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Originally posted by Creaturemagic ↑

Based on extensive research which you can explore by re-reading my posts. As I said in my $1 post today, the share market sometimes doesn't make sense and can't be predicted. However, based on comparisons to other micro/small cap companies both making revenue and not, on average a company should be valued around $50 million per $1 million in revenue. In a recent post of mine I break down how AB1 can make $3 million this quarter from CDH, CK and their older apps. Bring into the fact we have CryptoKitties and Casino Resort now released and revenue from customers could exceed $3 million. On top of that we should see approx. $1 million in payments from ICI for the purchase of our older apps. We also had a Capital Raise.

So cash flow should be positive this quarter and we should have left over cash on hand.

Based on shares like AC8 and QBL with $0 revenue and $100+ million market caps, and shares like BUB with a valuation of $140 million in market cap per $1 million revenue, we are HIGHLY undervalued given current and future revenues. $1 gives us a market cap similar to CUV, which reported $4 mil last quarter and was valued at around $428 million market cap.

Perhaps $1 is awhile away, but certainly 3 - 5 bags are possible in the next 2 months. The only way it isn't undervalued is if all of AB1s apps haven't made a dime since the $1.2 million revenue announcement. Which is doubtful. Even at $1 mil revenue we should be about 10cents.

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Definitely undervalued since we have million dollar revenue coming in left right and centre can't wait for the quarterly report shortly will see us back to 10c patience equals rewards stuff those day traders pushing down the stocks every chance they have lol

AB1 Price at posting: 7.4¢ Sentiment: Hold Disclosure: Held
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Ann: CryptoKitties beta launch in Greater China, page-63

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