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Re: ANIA77 post# 635

Friday, 10/12/2018 9:07:07 PM

Friday, October 12, 2018 9:07:07 PM

Post# of 21996
I never doubted that both were good buys. Some folks were saying that CWEB's market cap was around $225 million as per eTrade, so I've been trying to get to the bottom of it since it's a close competitor to CVSI, and I don't want people running away from CVSI for something they misconceive to be an extraordinarily low market cap.

So if CWEB's actual O/S are 93M, then it has a Market Cap of $1.192 Billion based on a share price of $12.82.

If CVSI's actual O/S are 90.5M, then it has a Market Cap of $470.6 Million based on a share price of $5.2.

470.6/1192=.3948 = 39.48%

So CVSI is currently valued at 39.48% of CWBHF's Market Cap. That's all that I was trying to clarify. Have a great day! I feel both are great investments, but I feel that CVSI will explode faster after the bogus lawsuits are no longer hindering it which is my point.

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