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YankeeAce

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YankeeAce

Re: None

Friday, 09/29/2017 5:03:33 PM

Friday, September 29, 2017 5:03:33 PM

Post# of 54440
He doesn't even need all of the PP to get to $5M in revenues next year. I figure 1/2 is plenty to prime the inventory pump. If turnover rate on inventory is 60-90 days then that's 5x with like a 40% margin. Do the math from $500,000 to $3 million. Imagine if he does get the full amount. Plus Gunpowder is there too!

I also don't think the price needs to be over $0.035 to close the PP. The warrants are powerful if this runs. Someone might be willing to pay $0.005 for that so the price only needs to be at $0.03 to be feasible.
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