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Re: buzzabby post# 1278

Thursday, 10/19/2017 8:57:39 AM

Thursday, October 19, 2017 8:57:39 AM

Post# of 31758

Spectrum King LED was profitable in its 1st year, said Chief Executive Officer Greg Muller, who added, “We’ve seen the business continue to accelerate. We expect to nearly triple sales this year over last and anticipate substantial growth going forward for the next three to five years, at least.”



They’re already pulling profits. Let’s say 7 mil revenue this year, according to zoominfo (ceo states 3 times that), but we’ll low ball it. With the 58 mil OS, that should put this at a pps around .12, excluding any p/e multiples etc.



Very undervalued here.

APO in the works, likely being orchestrated by COO, former Senior VP at BoA:

https://www.linkedin.com/in/sbrent/




Pretty undervalued here, especially with a joint patent with Cree for cannabis lighting in the works.

There’s not another LED light company that can say they have the actual chipmaker, a multi-billion dollar company, that’s supporting them and backing them with the technology.



We’re joint-patenting some new phosphor to really basically output the sun,” he added. “Yes, we’re working on bringing the sun to an LED chip.



https://mgretailer.com/led-grow-lights-spectrum-king/
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