Tilray 75m shares @ $50/share = $3.75B Mkt Cap Tilray last Qtr rev = $10m, annualized = $40m Tilray trading at 94x revenue
FRLF current market cap = $34m FRLF has in disclosures identified Revenue streams that could in theory produce $30-$40m in revenue, so lets say $20m potential to be safe.
If FRLF achieves half that revenue and lets assume to be conservative that Tilray’s revenue multiple of 94x is 50% too high (frothy) so we use 47x...
So $20m rev x 47 = $940m market cap. Current market cap = $34 at .18 share price, so at $940m market cap, share price would be $5.00 per share....
This will take a few years to fully realize this revenue and uplist, etc. but still makes you salivate a bit...
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