Tuesday, November 20, 2018 5:00:19 PM
Current PE ratio:
2,215,471 market cap / $60,000 net income 36.92 PE (not Bad)
Q3 = 15,000 / 94,503 = 15.87% net revenue of gross sales
These Cost of Goods are going to be way higher than the CBD Patches percentage wise. S
Patch material and CBD vs. Electronics & Manufacturing percentage for COGS should be much lower, but let's keep this net revenue percentage to be conservative
$2.4 million income estimate by their investor slides right? That is the yearly gross income. So they would make $600k this coming quarter.
15% of $600k = $90k a quarter or
$360k profit per year. Same as $2.4 million * 15% yearly net profit
Valuation should be $13,291,200 or 6x what it is now.
.0005, so stock should be .003 a 6 bagger for getting in now and waiting until January financial release.
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