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Saturday, January 20, 2018 6:08:13 PM
This last week, TXTM announced their merger that will be growing cannabis on 3 acres, that will result in 8 - 10 million dollars in revenue.
Here's where the "but. . . ." comes in. The simple math of repeating the same strategy from cultivating their cash crop from 3 acres to the 7500 acres that TXTM owns in South Africa and having the same resulting value in the harvest, but multiplied by 2500 (3 × 2500 = 7500). I am not a rocket propulsion engineer, but I guess that would result in an annual revenue of between $20,000,000,000 to $25,000,000,000.
If I count my zeros correctly, that is 20 to 25 billion dollars annually. Yes, I agree with your thinking. Anything below buying TXTM for less than 5 dollars a share, we are in the money.
$TXTM
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