Nate's Food Company (NHMD)

[Lyons2112]

Let's compare NHMD to ROX.....

ROX - Castle Brands Inc. sells booze.
http://finance.yahoo.com/q/ks?s=ROX+Key+Statistics
Share Price $1.99
Revenue $43.22 Million
Net Income -$9.30 Million
Shares out 155.05 Million
Market cap $308 Million
Total Debt $10.88 Million

NHMD will have 83 million shares, common, when the employee incentive shares are issued i.e. about half of ROX's 155 million shares. NHMD is hoping to get sales, of Nate's Pancakes, to $74 million in a year. One Minute Omelet, when introduced next year, should contribute additional revenue. Let's assume NHMD sale projection are optimistic and they have the same sales as ROX i.e. $43 million. NHMD share price would have to be $3.71 to match ROX's market cap of $308 million. Nate intends to introduce new products going forward. NHMD's 8 cent share price is, still, dirt cheap!
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