Saturday, November 16, 2019 2:41:22 PM
Now, the first is based on capacity and, if we do the math, it's clear to see that Matt's projection is very conservative, only a fraction of the capacity. In fact, with just the three extractors we have currently, each running at their capacity of 5 L per day will, alone, produce $10.8 million dollars per quarter. Then, add to this, the one new large 25 liter oil extractor, already in the works, and that is an additional $18 million per quarter of capacity. Add to this another $600 k for Edibles and another $600 k for Tahoe distribution and the grand total is, simple math, that Global should be capable if producing at capacity $30 million per quarter starting first quarter of 2020!
Bottom line, Matt is being very conservative with his new projections. I think this is a good thing, and likely based primarily on what happened with his last projection of $100 million dollars for 2019. See the following and keep in mind that this is before the removal of the revenue sharing agreement. Keep in mind also that Global is moving forward not backwards:
11-07-19 OS: 577,022,778
Qtrly Rev: $30,000,000
Yearly: $120,000,000
Margin 25%: $30,000,000
Yearly EPS: $0.0520
Multiple: 24
5/15/20 PPS: $1.25
$GCGX...
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