PSYC Corporation (PSYC)

[TWK9140]

I was pretty depressed also but they do have 50 dispensaries achieved since October 2018 or 6 months. If they finish with 100 dispensaries by year end, that will start to pay some real wages. May take two years but assume 200-300 dispensaries by year two and that's some pretty good cash flow. Assuming sales revenue of $1,000,000 per dispensary , at 3% fees at 50% take and we are at 3 million revenue a year and growing. Its all about adding more dispensaries and providing sustainable service. By the time it catches on, it will be at 3-5 Cents pr share. Got to just let it ride and buy what you can afford to lose.