the past is not necessarily an indicator of the future.. just...

  1. 249 Posts.
    the past is not necessarily an indicator of the future..

    just cause you fail once doesn't mean you're destined to fail always.

    they have taken over a company with $50m in revenue, with a reasonable share base also (under 200m).. not like some of the other smaller outfits that continue to issue new shares such that its become confetti

    its a good time to get into the company if you're willing to wear the risk.. already 1 month of revcenue has been announced at $3.9m

    Although no financials are forcast as yet or released, i've made a very conservative $2m as a gross earnings before interest and tax (EBIT) and thiss will provide for at curernt prices a multiple (PE) of a reasonable figure.. prove it to yoruself.
 
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