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NanoLogix Inc. Message Board

  • regularguy330 regularguy330 Jun 29, 2013 7:45 AM Flag

    Best short post ever?

    I've not been a big fan of commish lately, but this post cuts through mountains of nonsense:

    "At present time the market is awarding pure play diagnostics companies market cap multiples of 4 to 7 times annual sales. So hypothetically (since current data not provided), if NNLX had $1 million in annual sales, it's a $4 million to $7 million market cap. Divide that by the shares outstanding and you have a share price..

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    • So . . . our current price is at least twice what it should be if we could expect $1M in sales this year, which we still have no real evidence of. Right?

      • 2 Replies to dtgregory
      • And I should add--if sales go to a billion, a share should be worth about $50, assuming no more dilution. Both billion dollar sales and no more dilution are just dreams right now. And yes, Petro, I know that NNLX has not issued as much private placement stock as a lot of other companies. (just saving you some time--we're all friends here!) Since we have no idea how many sales are being made from all these batches that get tested and reported, we can assume sales are somewhere between $64,000 a year and $1Billion, so midway between those points would suggest a fair value per share of about $25 by the end of 2014. Right.

      • If the numbers he posted are about right, and if the comparison is about right, then yes.

        After Brett announced the "launch" of marketing in 2012, and then posted revenues of $63k for Q3, we began discussing valuation with "real" numbers, instead of all the BS that dominated all talk of NNLX.

        A rational analysis of valuation is based on real numbers, and Bret was posting financials quarterly, so it looked like we would be able to have rational discussions about progress.

        Then Bret stopped posting financials. The only rational reason for that is that the numbers were not good. So the pps has been eroding ever since, and it should continue to do so until evidence is provided to support an increase in the pps.

        I bought a lot of shares around .40 when it looked like FDA approval would spark a "launch" of sales and drive the pps toward the prior high (which was inflated), but this time it could reach $1 on the merits. I was wrong. I lost money. I find the continuing saga of Bret and this board fascinating. A bit of entertainment in exchange for the loss of dollars.

        I welcome any rational response to commish's numbers. All of the math-impaired emotional wish-niks, don't bother.

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