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Re: deafelephant post# 2108

Monday, 07/28/2014 10:16:01 AM

Monday, July 28, 2014 10:16:01 AM

Post# of 82701
But it's "cheap"! (No, it isn't).

At approximately $230M, CannaVest's market cap is still much too high for a company with $2.6M revenue in 1Q/14, probably less than $4M in 2Q/14, and likely less than $0.6M of net income in the 1st half of 2014.

Still selling for about 115X my 2014 EPS estimate of $0.06.

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DRT is Charleton Heston's character in the 1973 movie, Soylent Green, set in the year 2022, and is not my real name

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