Good one Pharaoh, AT LEAST $10/share ...lmao
Well as you said and I said it several times before. If this stock has any chance to gain strength it would be years from now.
I really don’t like to post just for posting or by frustration but sometimes I can’t keep my mouth shut.
Any start up business would have 500, 800 or even 10,000% increase in sales at the begging, That is given.
The problem is are those sales enough to cover the expenses and generate profits?
I feel like we keep repeating ourselves over and over again: opening 10 or a 100 stores are not going to increase the pps. they have to show big sales numbers which takes time.
Matt( with a 70 years of combined experience) predicted that each store would generate between 500k to 1 million per year.
I am going to take the lowest number (500k) and devid it by 3 as they are fairly New.
So 165k per store a year equals about 14k per month.
7 stores should generate close to a 100k a month, 300k per quarter.
How is any of you guys predicting a huge increase of the pps by the end of the year with those numbers? Can someone please open my eyes?
Even with the 90k that wasn’t included in Q1, those sales are peanuts.
Is there any revenues from all the online sites? If there is any, that is more discouraging to me since it means that the stores are not generating enough profit to pay their utilities.
I don’t have personal against Matt or the Moore family but for god’s sake, hire some experienced help and kick back and watch your company grow if you are that confident about your products.
Last but not least, if some of you guys are right about your predictions of 0.25 around the end of the year, I still think it would make more sense to me to flip it few times and make the same money instead of sit and wait as I have done for about 15 months now.
GO INND
