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Re: ant131313 post# 100238

Wednesday, 03/20/2019 8:20:31 AM

Wednesday, March 20, 2019 8:20:31 AM

Post# of 112682
For even $1.00 a share MCIG would need over $50 million revenue.

You asked this question before and got an inside answer.

The answer, direct from the "horses" mouth https://investorshub.advfn.com/boards/read_msg.aspx?message_id=145118642

To rationally reach $10/share with its current OS, mcig would need to at least be generating roughly $500,000,000/year in revenue. I see the potential for over $50 million revenue in the next two years (which would get us to $1/share). Optimistically, at 100% growth rates, I could see $10 within 5 years. However, anything beyond two years is pure speculation. Things could change quickly with new acquisitions, partnerships or JV's. Also, pricing in this sector (as in many high growth sectors) doesn't always follow rational rules (note the recent spikes with Tilray and Canopy Growth).