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Tuesday, March 17, 2020 8:33:10 PM
The distributer has 12,000 commercial accounts. That's 12,000 different businesses that need cleaning products. If just 1/3rd of those commercial accounts used just 1 case of product per month, the sales value would be approximately $3 million annually.
WNBD has 15 separate cleaning products (they're developing many new cleaning products right now, in addition to the ones they already have).
15 separate products x $3 million per commercial account per month, equals $45 million annually, if just 1/3rd of those commercial accounts used only 1 case per month of each product. If they use 2 cases per month of each product, that figure doubles to $90 million.
That kind of revenue is enough to move this stock up to well over a penny per share on true value. That's why I'm pounding the table and trying to get shareholders to understand the situation. This opportunity is truly life-changing.
The float here on this stock is kinda high at 3.1 billion shares. But if we do the math, $45 million annually, with a 3.1b float, equates to approximately a $0.0145 share price. Which is a 14,500% gain from current level.
$WNBD
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