Hi totally,
If I understand the $18 mil is 6 years of earnings so the PE (discounted) would be
Year 0= $700K EPS: 0.7/302 = .0023 PE: 43 (@ .10 SP)
Year 1= $2m EPS: 2/302 = .0066 PE: 15
Year 2= 4m EPS: 4/302 = .0132 PE: 7.6
Year 3= 6m EPS: 6/302 = .02 PE: 5.0
Year 4= 8m EPS: 8/302 = .0265 PE: 3.8
Year 5= 10m EPS: 10/302 = .033 PE: 3.0
or am I on the wrong planet
making me sob, page-8
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