$20 price target, you heard it from me first. This is just the beginning. I have been consistent with every single post I've made on this board, please go back and read them all if you'd like to see what I mean. I have been buying this the whole way down and have invested about $7,500 thus far with my avg at .57 now.
Even if there are 50 million shares in the O/S right now a $20 target puts a valuation of $1 billion on this. Yes I said it, $1 billion and thats NOTHING and heres why.....Some of the POS medical marijuana stocks traded up to $1.2 billion in early 2014, like MDBX. PHOT a scam even reached 750 million mkt cap wise. These companies had bogus revenues, not 43 million and growing.
This has a good chance to get to 1 billion as its a company in a growing LEGAL market unlike the pot stocks that had federal law to deal with...With a REALLY credible management team and a growing market segment the possibility for this to trade up to 1 billion in mkt cap on just POTENTIAL alone exists and it exists in a very real way. We wont even need revenues to spike that hard to get a massive return. The amount of money trading through this security on a daily basis tells me this is no ordinary OTC, not even close.
As I've said in the past, I work for a 750 billion dollar asset management firm. I am no portfolio manager, however I am a senior sales person and have strong capital markets experience. I can disclose that I spent 8 years at Morgan Stanley split between an Alternative Investment sales desk where I sold hedge funds and Private equity to MS financial advisors, and the other half on the capital markets desk handling fixed income trades for private wealth advisors at MS.
This is REAL. Like seriously real. An exec like Dan could work anywhere he wants, he is bred to be a winner, he has no scam in him and has been very successful in major brands. There are no blemishes. He see's the opportunity here as well. Wouldnt surprise me if his goal is to create a leading brand in the ecig space, uplist and get bought by the Phillip Morris's of the world. They are sleeping on the ecig space and someone is going to take market share and own it. I reiterate, this is just the beginning.
AI
