ESH Chart, page-527

I'm not so sure that $1 is highly unlikely...lets look at the figures and play around a bit...I am not an expert so feel free to blast holes...but DYOR.

At 2.2c and a market cap of $32.1M for the share price to be $1 the market cap would have to increase by about 45...therefore Company value $1.45B.

Lets assume a PE of 15 and we would need to generate revenue of approximately $97M.

I think from memory that a $3 a month subscription fee has been mentioned, however this has not been confirmed by ESH...so total speculation...but lets work/play around on this....and we come to a figure of just under 2.7M active subscribers at $3 a month to generate $97M revenue ($3 x 12 x 2.7M).

Obviously money is going to be going back into tournament prizes etc. and running costs, so the 2.7M active members is realistically not going to achieve a market cap of $1.45B...but there is potential there...provided we have the platform to warrant a monthly subscription fee. Advertising is also an option.

P.S My 12 year old son has committed to chores around the house to earn $30 to buy a new skin and dance on Fortnite...so anyone that reckons $3 a month is far fetched...think again!

I hope/trust we do.

GLTAH