October 25, 2016
In March of 2015, Wytec submitted a request from Signals Analytics to conduct an analysis of Wytec’s Business Model applying the use of millimeter wave technology in the construction of its core networks and other central business initiatives. The Valuation Report was utilized primarily for equipment financing interest on the part of Wytec.
The result produced an $11.13 per share valuation and assisted Wytec in its initial sales efforts towards its Series B Offering. As Wytec began to meet other important milestones, it became necessary to update the Valuation Report due to Wytec’s interest in filing an S-1 SEC Filing for Wytec to complete its planned IPO corporate directives.
The new Valuation Report produced the following results.
Current Price Per Share Per Wytec Valuation Report dated 9-15-16
|Value per Share (Pre-Money)||$###.##|
|Value per Share (Expected)||$###.##|
|Value per Share (Fully Diluted)||$###.##|