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Hunterdog

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Hunterdog

Re: craignortheast post# 1483

Friday, 07/26/2019 12:47:51 PM

Friday, July 26, 2019 12:47:51 PM

Post# of 14223
I'll repost the math here. Understand however, ANYTHING is possible. Having said that, the historic average of other Cannabis stocks has been roughly 3 to 7 times their revenues.

Therefore:

If 3 X Revenues it would be: 3 X 30 million Divided by 140 million shares. 3 X $30MM = $150MM / 140MM shares = $1.07 / share

If 7 X Revenues it would be: 7 X 30 million divided by 140 million shares. 7 X $30MM = $210MM / 140MM Shares = $1.50

BUUUUUUT, anything is possible.
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