Vivo Cannabis Inc (fka VVCIF)

[tex4]

I looked at my post that I wrote and agree that the 40 billion is the projected global market opportunity. By refiguring, I took the projected revenue in 2021 and beyond ( 500,000 ) and divided it by the shares in issue. That comes up with a number of about 3.26. That number is not the price per share, but the earnings per share which is a whole lot different. The earnings per share ( $3.26 ) is then multiplied by 50 which I understand is the standard figure used in calculating the marijuana stocks. That total ( $ 163 ) should be the number that represents the share price in 2021. The multiple of 50 seems high, but I did read that number on another post on investorshub, not necessarily this company's. Even if you use a more conservative multiple like 20 times earnings, that still gives you a projected share price of $ 64.00 . Do not state a low share price of 3-4 when your calculation was done wrong. Correct me if I'm wrong.To get the market cap, you then multiply the price per share, say
$ 64 x 153,000,000 which comes to 9.792 billion.