The correct figure of common-share ownership by all of Crestview is 72,786,195. That represents 30.02 % of the outstanding shares. Most of this allocation was purchased at, or around, $2.41per share. Radio Partners Investors expects the newly installed CEO to effect a like-turnaround she created as CEO of her former digital-magazine enterprise. The last quarter loss was a one-time write-down of goodwill on the balance sheet. The company should return to revenue of $100+ million per month quickly during this political- election year. Further, the company's market capitalization is woefully under appreciated by the market for its potential to advance. It should be $550,000,000, not $55,000,000. Leaving shareowners with a great opportunity for share appreciation. With any growth and stabilization recorded, the shares should reflect a market-cap nearing 1x times annual revenue, or about, $4.50
I had the delightful opportunity of listening to the recent conference call presented by Mary Berner. This new CEO speaks the focus in clear objectives for our company's success as we move forward. We have acquired all of the talented personnel and assets resulting from the numerous media acquisitions we'll ever need .The remaining deficit lay in execution. That has been satisfied with Mary Berner's election to direct our company. Cumulus is becoming a new media company; everything is aligned toward great success. As a result, I have added a great deal of the common shares to my portfolio.
The solar energy industry will find a receptive investment audience as the mood of the investment community catches up with reality. The industry is growing, and the focus will be directed toward the newcomers changing the solar industry dynamic. As that happens, SLTD will outperform its peers. I expect a market-capitalization of 1-2x sales going forward to be realized. We have a great management team finding immediate opportunities for growth, along with a promising photovoltaic collection- cell on the cusp of patentability in China.