Friday, August 02, 2019 1:58:29 PM
Rotmans is making 38M$ in 2016. In 2017 they decided to increase their showroom by 40%. But in 2019 according to you they make only 30M$. So in 3 years, their revenue per sqft decreased by almost 50% (217$/sqft to 120). Wow, very hard drop for a company in the business for 56 years to have made such a bad decision to increase their showroom.
Nevertheless, they decide to put their "dying" business on the public market to raise more money. But by doing so, they are just precipitating the fall of the other branches which are not generating enough revenues at the moment to counter the losses from Rotmans. So the price will go back to trips, and the Rotmans will have lost their shop and all the money invested in Vystar.
Good story but NOT CREDIBLE FOR ONE SECOND! So based on all said above, I am confident Rotmans make way more than 30M$.
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