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Sunday, April 05, 2020 2:28:12 PM
On January 28th Matt tweeted, "$GCGX is finalizing a deal to finance its new CBD operations with no dilution or toxic debt. https://t.co/AG7QRx0JYq." We really are gonna need a bigger building, woohoo!
![smile](/images/emoticon01.gif)
Let's consider
3-2-20 OS: 1,585,791,453
Buy-back: 300,000,000
OS: 1,285,791,453
Add New 15 L Extractor
CEO said $20 mil 1st half of 2020:
Q1: $1,400,000 - Delayed, Q1 only produced 4 or 5 days!
Q2: $10,000,000
Yearly: $40,000,000
Margin 50%: $20,000,000
Yearly EPS: $0.0156
Multiple: 24
8/15/2020 PPS: $0.373
Capacity of THC oil stream alone:
30 l per day times $7,000 to $8,000 per liter times 90 days per quarter:
30 * 7000 * 90 = $18,900,000.
Q2: Potential
Qtrly Rev: $20,000,000
Yearly: $80,000,000
Margin 50%: $40,000,000
Yearly EPS: $0.0311
Multiple: 24
8/15/2020: $0.747
This does not count soon coming revenue streams of:
CBD Oil - could double REVENUES!
Tahoe Distribution
Half-Baked Edibles
CBD Beverages
Vape Cartridges
Hemp Farm
Go Matt
Go Tom - wherever you are?
Go $GCGX...
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