$1 ipo party .., page-135

On an EV/Revenue multiple it would still appear very overpriced. Its a young company so most valuation methods would be difficult to apply i guess. I have watched Mydeal for the last few months. i have been over all their documents and reports including prospectus ect. I like management and i think they are moving in the right direction. There business model is light amd highly scalable. eg they dont have inventory issues like KGN ect. The thing i didnt like from the last update was the increase in active customers. considering the spend on sales and marketing to only go from 813000 to something like 883000 didnt impress me much. i still think it has massive pontential and will be a great company going forward. Its market cap started way way to high. The fact Sean owns like 49% is a double edged sword. whays happens when they come out of Escrow ?