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Re: azdad post# 5729

Friday, 07/31/2020 1:28:26 PM

Friday, July 31, 2020 1:28:26 PM

Post# of 7057
Current market cap here is $1.3 million. With a little over 135 million outstanding shares the market cap would need to increase about 100 times. That means if this were trading at $1 a share it would be trading at over 90 times it's revenue which currently the past 4 trailing quarters equals to roughly a little over $1.5 million. How realistic is it for a company in the cannabis space to trade over 90 times it's annual revenue?