EAPH is currently valued at $.029. They just partnered with a California medical marijuana company that grows 10,000 plants. See the following revenue calculation and tell me what I am missing:
REVENUE CALCULATION
Ok, per post by Krex, here are the new figures:
10,000 plants will be grown per year x 3 harvests. Each plant yields 4 lbs. Marijuana is going for approximately $2,500/lb. We have a 40% ownership.
10,000 x 3 harvests x 4 lbs x $2,500/lbs x .4 = $120,000,000 per year.
Lets now say very conservatively they will make 50% profit on this and the other 50% goes towards overhead. This would mean Easton will make $60,000,000 per year. Yes, 60 million.
580,000,000 outstanding shares = $.10 per share profit x 20 multiplier = $2 per share. EAPH SHOULD BE WORTH $2 PER SHARE imo.
This doesn't even take into account any other products or deals. This doesn't take into account future expansion!
