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Tuesday, April 29, 2014 11:44:14 AM
Here's the reality of SKTO... While most other MJ co's don't earn money, SKTO is earning, PROFITING, and growing at a rapid pace, far quicker than other MJ co's.
Their revenues are growing 40% to 100% PER QUARTER!!!! They have CA$H, And, they've begun marketing and their expansion is rapid.
The p/e ratio of SKTO is ONLY 1.0 now. With a modest p/e ratio of 15, SKTO should be over $0.50 right now headed to $1.00+. And that's based on LAST YEARS EARNINGS, NOT this year or forward earnings, which most companies are valued on.
The market cap is $20 million, but they earned $35 million+ in only 3 QUARTERS!
Numbers and valuations DON'T lie, they just may take awhile to play out. I am adding to my position regularly, and holding long and strong, not worrying about little pops and drops, ...and it's not a 'speculative' stock as far as I'm concerned...they ALREADY make money, have exponential growth potential, and have great products.
2013:
Q1 Revenues = $5,096,700
Q2 Revenues = $13,433,229
Q3 Revenues = $17,527,592
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