Tuesday, September 03, 2019 1:46:52 PM
The way how it's worded, it's debatable if the $40,000 Net Income per acre is after the 20% has been factored in or out. The $40,000 could be their Net Income representing their 80% of the Net Income after the fact.
I feel different about the 30% that you speak of. I can't give you or agree with you regarding the 30% because I have to presume that these guys know what they have and what they are talking about until they show otherwise. I think if the 30% of extra costs existed, for now, I'm trusting that they would had added such into their numbers.
However, let's presume as a worst case scenario, I'll give you the 20% reduction of that ZICX valuation thought.
So... as a worst case, from my view, even if the 20% was not factored in, the the valuation from the hemp grow operations would put a valuation for ZICX at the numbers below:
.148 Per Share - 20% = .1184 ZICX Valuation
to
.56 Per Share - 20% = .448 ZICX Valuation
v/r
Sterling
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