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Re: MessiBelgium post# 10401

Wednesday, 10/10/2018 9:27:48 AM

Wednesday, October 10, 2018 9:27:48 AM

Post# of 29669
I did this a month or so ago so the numbers are dated but simplistically I think this could happen once they are fully recognizing existing revenue streams.

So for fun lets play the Tilray vs. FLRF game (now that Tilray is up at $95/share).

Tilray 75m shares @ $95/share = $7.5B Mkt Cap
Tilray last Qtr rev = $10m, annualized = $40m
Tilray trading at 188x revenue

FRLF current market cap = $34m
FRLF has in public 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 188x is 50% too high (frothy) so we use 94x...

So $20m rev x 94 = $1.9 BILLION market cap.
Current market cap = $34M at ~ .18 share price, so at $1.9B market cap, share price would be roughly $10.00 per share....

So with a ‘frothy’ valuation, could FRLF run to $10/share in a few years? Even if that scenario is 75% too optimistic (even with my conservatism above using 1/2 Tilray’s multiple and half identified revenue potential) and you’re still looking at $2.50 per share...FRLF would have to be on the NASDAQ for this to occur but still...wow.

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