Friday, January 23, 2015 7:01:44 AM
Based on Futureland's secured contracts for 42 acres, HempTech's contracts for the same and CBScientific's demand = 500,000 units, we can make some general valuation assumptions in re of where $FWDG should trade.
If you've been following Strong99's DD, a fair revenue projection is $15 million with more acres left to be signed. This presents an enormous opportunity for $FWDG's consolidated revenues to exceed $15 million this year!
For now, we will use $15 million as the revenue and apply a 10% net profit because all three business units should generate high margins:
Net profit: $1.5 million
O/S fixed at 500 million shares
P/E ration: 30
=====================================
$1.5/500MM x 30 = 9 cent per share
IMHO, the above numbers are more than achievable which to me makes $FWDG a screaming BUY at 0,007 per share. This is why I like $FWDG and will continue to add.
The above assumption does not include numbers for URVape.
We're going to see great things happen here at $FWDG!
formerly Ms. BB
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