Jacksam Corporation (JKSM)

[justavoice]

Machine Vs consumable revenue, pulled from 10K



Total revenue during the three months ended March 31, 2019 increased to

$1,624,254 (comprised of machine sales of $643,002 and consumable product sales of $981,252)

compared to the three months period ended

March 31, 2018

which produced sales of

$1,310,856 (comprised of machine sales of $773,405 and consumable product sales of $537,451).

Sales of growth of $313,398 or 24% was primarily driven by the increased sales of consumable products, such as cartridges, batteries, and disposable pens. (*So why would they stop selling consumables if they are making money? They wouldn't so don't believe the fake stuff!)**


What I get from this is machine sales slowed down because they made a lot of initial sales and now they are supplying the carts and so on and making money that way as well.

The main point is, it's a sprouting business in a VERY early position in a large and quickly growing field

Everyday more states become legal with medical and hemp, then a bunch of small companies invest in this exact tech, because they saw it at the trade show close to their state and their state is legalizing.

So the potential growth here is VERY high.
With how low the float this seems like a pretty solid buy..

I mean I expect some dilution if sales doesn't pickup right away, but theirs no way they are going under.

They have real equipment that took real capital to make