Thursday, January 22, 2015 10:11:16 AM
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.
800,000,000 outstanding shares = $.075 per share profit x 20 multiplier = $1.50 per share. EAPH SHOULD BE WORTH $1.50 PER SHARE imo.
This doesn't even take into account any other products or deals. This doesn't take into account future expansion!
What am I missing? At the very least should be breaking year highs and be at $.10 right now!!!!!
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