Kaival Brands Innovations Group Inc (KAVL)

[BuyNStonks]

Appreciate the update. It is interesting that they speak of an audit firm but they are submitting unaudited financials to SEC.

Also - Some quick back of the napkin calculations based on this Q.... If Net Income as a percentage (8%) of Net Revenues remained the same we would need $100M/qtr for $.115 EPS.

What would be considered a reasonable P/E multiple for a company like this? I think 10-15x is probably realistic. Based on that we will probably need ~$80M/Qtr to hit a dollar. Now this might be more reasonable for an established company VS an organization with a lot of unknown upside potential so 10-15X could be low at this stage in the game.