News Focus
News Focus
Followers 3
Posts 1247
Boards Moderated 0
Alias Born 10/31/2009

Re: deadjim post# 160822

Monday, 03/11/2019 4:09:14 PM

Monday, March 11, 2019 4:09:14 PM

Post# of 179962
$54mln seems like a reasonable estimate. We'll see from the audited fins which are expected sometime in the next 2-3 weeks.

After they release '18 fins, they'll release Q1 and likely uplisting news.

This is my estimate based on their consistent message of the past year (approximately). They needed a corrected Form 10 before uplisting.

If they don't release audited fins, I expect this will plummet back to single digits. But, I see no reason for them to not audit. They are likely making money hand over fist, have the next 1-5 years to expand this company exponentially in a novel industry. And, are likely looking to race to do so to be the most appealing buy-out target they can as the industry diversifies, as the FDA will look to make determinations on regulation process of CBD, and as major players in Big Ag and the Food & Bev industries look to scoop up all the mini-CBD companies before they become larger than mini.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today