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Thursday, November 30, 2017 9:09:39 AM
Since we are entering the MJ sector, I found the recently increased price target on a MJ stock very interesting (link is below). POT* has estimated 2018 revenues of $22.8 million - slightly less than what we will have for 2017 and much less than what we will have for 2018.
They have a price target of .40, suggesting a valuation of 4.7 revenues and 40x an EPS of .01. They have no audited fins. They are OTC Pink.
Of course, they do have a more favorable share structure, which includes a recent major reduction.
My point is that the with our amazing revenues, name change, audited fins, uplisting to OTCQB, and additional share reduction(s) next year (hopefully), multiple dimes is very probable IMHO.
Stay patient longs!
https://ih.advfn.com/p.php?pid=nmona&article=76200687
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