Monday, May 12, 2014 5:51:29 AM
March 20
"Today, the Company is excited to announce that it has signed its first major distributor to market and sell the SuperStar Vapor Pen."
May 1st
"The Company confirms that it has received a multitude of orders, both on a direct basis, and from several of its distributors, from multiple states throughout the country. In addition, the Company confirms that it is in talks with several dispensaries throughout Arizona to carry the SuperStar Vapor Pen product line, as well as has upcoming meetings and discussions planned with dispensaries located in California and Colorado."
I have order number 162 and 200.
We only need 1000 units sold per month for a fiscal year netting 12000. Give em 20% to the bottom line yields a quarter penny per. P/E of 50 yields 12.5 cents a share.
Since IMHO they will do at least 5 times those numbers, I got us at 62.5 cents in a fiscal year.
Happy Monday and happy trading.
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