Let's assume a price to earnings ratio of 15/1 80% profit margin
$50 million gross gives $40 million profit P/E=15 P=(15)x(50,000,000)= $750,000,000 Market Cap $750,000,000/64,000,0000 Outstanding shares = $11.70/share
$500 Million gross = $117/Share
$10 Billion gross = $2340/Share
Numbers get to be astounding pretty fast. However may be dilution to raise cash and sharing revenue through partnering. Frank Reynolds is not in a hurry to sell company but with 24% of the company shares at some point it sounds like he probably would and that would cap the upside potential for us retail share holders. Anything close to $100/share and I retire.
Hey Bob and the OP, "Putuporshutup", I'm with you on this, but may be a bit more conservative. Not necessarily with total numbers but on the time span. You're lucky and I cannot imagine how you've escaped the harassment from that lunatic troublemaker that keeps threatening innocent investors on this board. I mean he really comes across as a deranged, malicious, and unmedicated mental patient.