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Re: craignortheast post# 7652

Tuesday, 07/14/2020 8:54:20 AM

Tuesday, July 14, 2020 8:54:20 AM

Post# of 14223
What do I think the trading price will be if the company doubles or triples sales? Well, that depends on some unknowns.

Even though leasing a facility in order to accomplish this feat is much cheaper than building, it is not without cost. How will the company raise the funds required? Borrow? Dilution? Yes, they are apparently enjoying a gross profit of approximately $400K / month so that will generate some funds. But make no mistake, construction and even lease-hold improvements are not cheap.

But, having said all that, assuming that the company can be frugal (as they have been in the past) and assuming that the current valuation is fair (which I do not agree with), then the PPS should be twice what it is now.

So, my humble opinion is that this is an easy double over the next 12 months, maybe even a triple. With a favorable tail wind, perhaps even more.

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