Re: Cliff called me..... Sorry BoCA your calcs are wrong.
posted on
Mar 27, 2015 02:20AM
We lost all hope of a $1 stock price years ago when PTSC entered into contracts that a 10 year old could have seen through.
PTSC has over 400 MILLION shares, not 400 thousand.
For every $1million of license fees the best PTSC might see is maybe $400,000 and more like $250,000. Taking the aggressive $400,000 income that's 1/1000th of a dollar per share.
If somehow the combined income from any sources is $400 million then at 40% that's $160 million to PTSC or 40c a share.
Only if some consortium with more money than sense were to buy PTSC for its 50% of MMP for $400 million would we see around $1.00 share. It's a LONG way from a market cap of $16M to one of $400M - roughly 20-25 times the current price.