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Alias Born 04/13/2017

Re: None

Sunday, 05/26/2019 5:59:20 PM

Sunday, May 26, 2019 5:59:20 PM

Post# of 120420
Sales Multiple Question

New shareholder here, I have a question for the board, what is a fair sales multiple for this company?

Does it trade in line with other energy drink companies?

Monster 10X
Celcius Holdings 5x
NBEV 4X

Perhaps this has more of a multiple premium due to the hemp/cbd?

15-20x?

My personal thoughts would be something in the 15x maybe slightly higher, however, I would not value this like the marijuana companies. 15/20 million sales in 2020 is realistic based on current trajectory.

I see this as a very good fit for Canopy Growth and their upcoming beverage rollout in October.
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