RE: SBTX27 Oct 2021 23:28
Just one more trading day till product launch. Many want in, but cant see price retreating much now..that minor tree shake today went pear shaped by the instigators and the dip was heavily bought into.
Share price is high with a m cap of 110M. However this product launch can build revenue very quickly indeed, and have decent sustainable income.
For me the trigger points will be for me as we transition into a income generating machine.
3000 subs total turnover 1.5M
4464 subs profitability point of 1.5M (est)
25K subs 7M profit..... justifies 140M M/Cap, however if increasing subs could double P/E.
Believe 25K subs is going to be the real trigger, where transition to large income proves irresistible to the market. Even if OPTI and Seneca decided to sell, they would be crushed in the rush, and price wont miss a beat. In fact it will probably surge, as stock moves into firmer hands.
What I like is my timeline, as I know they already have the stock and the interest to meet the higher figures stated, and could indeed be there by late spring.