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Re: klhurley post# 88339

Thursday, 11/29/2018 1:21:57 PM

Thursday, November 29, 2018 1:21:57 PM

Post# of 93371
Hi Ken, it's been a while - nice to see you posting again as an investor and not getting bludgeoned - lol - good feeling I am sure.

I looked at the info on this post and I think the calculations are accurate except that I think the $2.4M revenue is actually for a month not annual.

In the investor presentation it said their capacity was 37K 30 packs a month with an AOV of $65. That translates to $2,405,000 a month - $65 X 37,000, unless I am misinterpreting the slide #22 or #23 can't remember which one it was. That would change the valuation dramatically if my interpretation in correct.

Now obviously they are currently not selling 37K 30 packs a month and supply is an issue, but they theoretically could get to $2.4M monthly revenue. Also, if the AOV could increase a bit, then that would also be a huge impact on the bottom line.