Wednesday, October 02, 2019 9:12:02 AM
But, from a fundamental perspective this is a steal... They have more revenue already than 95% of OTC companies trading today.
Annual run rate now is $17M yearly.
Their goal is $100M revenue 2nd year.
CEO Rubin's goal is a CBD Infused water (see sticky note) and this will be priority as he said that will be strong growth avenue to focus on.
Great financial partnership with Richard Thomas family now so any needed equity is available. This family was co-founder of Bojangles chain in 1977 with Jack Fulk as partner. That stock hit $27 a share as was bought back by Private Equity because of being UNDERVALUED...
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