Kaival Brands Innovations Group Inc (KAVL)

[i_like_bb_stock]

KAVL cumulative DD:

Share structure: 23M float, 572,364,574 outstanding no convertible notes
https://www.otcmarkets.com/stock/KAVL/profile


On 3/9/20: Kaival Brands Innovations Group, Inc enters into exclusive distribution agreement with Bidi Vapor, LLC with website: https://bidivapor.com/

https://www.otcmarkets.com/stock/KAVL/news/story?e&id=1549447

On 4/6/20: KAIVAL BRANDS ENTERS INTO NON-EXCLUSIVE SUB-DISTRIBUTION AGREEMENT WITH MINIMUM PURCHASE OBLIGATIONS

https://www.otcmarkets.com/stock/KAVL/news/story?e&id=1569208

On 4/13/20: Kaival Brands Enters Into a Second Non-Exclusive Sub-Distribution Agreement With Minimum Purchase Obligations (Favs Business, LLC)

https://www.otcmarkets.com/stock/KAVL/news/story?e&id=1573917


On 5/27/20:
10Q out with huge numbers! $22M in revs, qtr profits of $4.2M ending 4/30 wowsa, potential for uplisting at some pt.

10Q:
https://www.otcmarkets.com/filing/html?id=14178088&guid=KcjHUHExvfcCh3h

PR explaining results:

Kaival Brands Accelerates Growth with Bidi™ Vapor Partnership
Generates Revenues of Approximately $22.5 million for the first half of fiscal 2020

https://www.otcmarkets.com/stock/KAVL/news/story?e&id=1612302

More analysis:


We earned $.0049 per share.

A normal PE ratio for established LARGE corporations is 15-20x ANNUAL EARNINGS.

If we assume the same net income for the next four quarters, we will be at an EPS of $0.02.

$0.02 * 15x P/E = $0.30
$0.02 * 20x P/E = $0.40

Considering this was only 2 months, we could see as high as a $0.03 EPS, moving the share price to $0.45 - $0.60.

Keep in mind, this estimate is at a 0% growth. If they grow at all, even a small 10%, this numbers will increase very quickly.