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Tuesday, October 15, 2019 11:14:13 AM
They make $XX,XXX,XXX per year, BEFORE their highest margin initiative kicks in with the LARGEST retailer... and some think its headed to $5 million cap? Good luck with that, ill buy millions.
Snakes has a single location (out of 4 locations, soon to be 6) that makes $4 million alone. lol... and there has only been about 20 million shares issued over the past 2+ years, so they are not hurting, even with so much being invested in expansion.
If they stopped expanding they would likely be net profitable, buts its wiser to invest in the biz at this stage. Dont let the late audit fool you into thinking the underlying biz/concept is not THRIVING.
My messages contain many opinions. Please do your own research
and validation.
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