Planet 13 Holdings Inc (PLNH)

[trixRabbit]

Updated Superstore numbers:
If you calculate their number of 1400/day (during conference call: was 1300/day) not increasing at all for the year, with avg spending of $75 (during conference call was $70, I added $5 due to todays' news that current ticket sales exceed their estimates), that is $38,325,000 in sales annually. (1400)(75)(365)

They hold 2 retail licenses, one will be moved to the entertainment complex (cross over time about 1 month). The ones running prior to the move brings in about 776 customers/day with avg spending of $70/customer: $19,826,800-$1,652,233(1 month) = $18,174,567

Together you are looking at annual sales of $56,499,567, with current market cap of 154M, its trading 2.72x sales. (which has the lowest p/s multiple compared to all of the companies below which had lower quarterly revenues.

*If you were willing to buy at $2.00+, why sell it at $1.30"? Please give your 2 cents on what changed...

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Newstrike Brands

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Planet 13 Holdings
(CSE: PLTH) 09/30/18 $4.9 62% ~04/30/19