InvestorsHub Logo
Followers 21
Posts 1511
Boards Moderated 0
Alias Born 03/27/2014

Re: None

Wednesday, 06/04/2014 10:57:01 PM

Wednesday, June 04, 2014 10:57:01 PM

Post# of 29174
If Supreme Pharmaceuticals has the capability to produce up to 24 million grams of medicinal marijuana per year with this recently purchased facility, the estimated output, and they are able to get a conservative $5 per gram including operating costs. That's $120 million after the first year. If they were to just dump the 93,211,063 shares into the market right now instead of 15% every 6 months over a three year period that would bring the total shares to 238,011,063. 120,000,000/238,011,063 = .5042 per share. So, we should be at 50 cents a share and we're at 8 cents... This should be a fun ride!
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.