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Re: FollowThrough post# 11147

Saturday, 08/29/2015 7:34:39 PM

Saturday, August 29, 2015 7:34:39 PM

Post# of 21833
Feel free to correct me if I'm wrong on my calculations. The Price/Sales ratio of our competitor, CannLabs, is about 29. Now, considering PZOO's outstanding share count is 728 million, we can get a rough estimate. If PZOO brings in a measly 2.5 million after they have 4 different streams of revenue (low expectations), the pps would be around .10. Thus, 5 million would give you a share price of .20. All very realistic revenue estimates for the first quarter or two...if not more. You would see even a higher share price if momentum got on their side or they announced expansion into other states! Once revenue starts, things should begin looking real good!!!