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Re: Let'smakecents post# 15800

Friday, 09/25/2020 12:13:31 PM

Friday, September 25, 2020 12:13:31 PM

Post# of 20628
I had done some rough math on this in the past. Even at 200L at just the one facility, if you figure a very modest $25 margin for each pure ounce (typically it is diluted and blended, so it is not 1oz pure = 1oz sold, it's even better) it calculates out to roughly $170k/month ($2M+/yr) margin. This should be trading with a market cap 10-20x that. White labeling should generate at least those numbers. Any retail sales should be a sizeable amount more than that too.

At this point I think it is obvious that convertible notes were indeed converted and are being dumped into the market. I almost wonder if it is a disgruntled person or entity whose expectations weren't met under prior management and now they're sitting on a bunch of shares twisting the knife slowly and painfully as a farewell gesture. If that's the case, keep churning out good news as it happens. Keep finding investors wanting to get into this for dirt cheap. And when the convertible notes are cleared out, this thing soars. And the A-hole dumping convertible notes will regret not waiting to unload on a 1B volume day with this trading at a penny where they could have unloaded in one click instead of their slow bleed tactic.
Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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