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Monday, April 20, 2020 12:13:53 AM
We can put a value on Sgmd made . June 15
Is when Sgmd will announce earnings .
If Sgmd can recognize just $ 1 million and talks
About future growth being at 10 percent month over month same store sales .
Then we can trade 10x price to sales .
Right now Sgmd trades at about 1/2 times sales if revenues are at 4 million a year .
Sgmd projection from Sacramento are 20 million . Sgmd rev
Will be 8 million a year . Now Sgmd trades at 1/4 times sales .
Expect Sgmd to exercise the option to buy up to 70 percent of budcars .
Now Sgmd is trading at 1/7 times sales .
Once revenue is recognized of at least 1 mil this quarter 4x sales is not asking for much .
Gives Sgmd a price target of 1 cent . If revenues are 2 mil then growth is extremely fast and Sgmd
Can get a higher Price to sales multiple . 2 or 3 cent . Buyout the options 4 to 6 cents .
This will only happen as we get closer to June 15 unless
The news flow continues positive and acquisitions .
Sgmd does have a lot of potential
But I can name one other that has just as much potential .
Grwg . Hydroponic company . Bit that's for another day .
Right now with Sgmd potential 1/4 times sales is way to cheap.
Zero speculation . Price says Sgmd will go out of business .
It's a easy 8 x bagger once revenues are recognized .
All becomes the truth and Jimmy Redeems himself .
By June 15 we can start looking forward to Election Day
With 9 states on the ballot . Just more opportunity !
More speculation and cannabis Stocks should start to preform over the summer .
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