Re: They plan to raise about $8 M via just over 9 M share diultion
posted on
Nov 24, 2015 02:41PM
Nobody wants to see dilution but IMHO you need money ...and you need to spend money to make money.
That being said, we'd love to see the sp go above $1.50 and beyond which is double the current sp. So for now we are going to about 30 million shares. At $30 million in earnings and a multiple of 10x earnings we are at $10/share. 20x then we are at $20/share...(not taking warrants and money raised into the equation) Is that doable? I believe yes with some solid orders. That and beyond in 2016. Also as TMM asked, what about that tax credit too?
Correct me if my math is wrong.
Also, the more manufacturing revs up then the percentage of fixed costs goes down..margins will be better...