EAPH: REVISED REVENUE CALCULATION FROM EARLIER POST
10,000 plants will be grown per year x 3 harvests. Each plant yields 1 lbs. Marijuana is going for approximately $2,500/lb. We have a 40% ownership.
10,000 x 3 harvests x 1 lbs x $2,500/lbs x .4 = $30,000,000 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 $15,000,000 per year.
750,000,000 outstanding shareS = $.02 per share profit x 20 multiplier = $.40 per share. EAPH SHOULD BE WORTH $.40 PER SHARE imo.
This doesn't even take into account any other products or deals. This doesn't take into account future expansion!
