$2 Club, page-6

A good and wise friend of mine who is a bit of a “rain main” when it comes to P/E ratios and the potential share price suggests the following. He truly deserves the credit for this..

Lets say post distributor 100 sales a year, culminating in 400 in four years. This doesn’t include increased revenue from further modules such as vre and the like.

A P/E ratio between 25 and 100, (baring in mind nan is well over 100) is a share price of $1.57 to $6.29 between those ranges..

This also doesn’t take into account any over enthusiastic exuberance as experienced over 3 years ago when the share price hit $1.08

As muted at the agm a cheap take over is of concern post distributor with a few sales in the Eu and USA .

The heavy lifting has truly been done, we are just waiting on 3 white lights showing a successful lift..

Dyor, be kind to yourself and others.

Regards Callahan