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Friday, January 08, 2021 1:40:01 PM
"$GCGX Indulge Oils will be initiating the manufacturer to produce 25L of oil this month, and doubled monthly until we reach 100L monthly sold under Indulge Oils. That will net roughly be $200,000 per month for GCGX! We will withhold 2L/Month to make carts that add to the $200k."
Means to me - $200k raw oil per month + perhaps another $100k in carts totaling $300k per month. = Approximately $900k per quarter, $3,600,000 per year. So, @ a 40% margin =
Qtrly Rev: $2,250,000
Yearly: $9,000,000
Yearly - Margin @ 40%: $3,600,000
Yearly EPS: $0.0008
Multiple: 24
4/1/2021: $0.02
My EPS is based on current Outstanding Shares of 4,258,482,747. And, my multiple of 24 is a fair multiplier in the marijuana stocks.
Bottom line, we could/should be at $0.02 cents per share by the end of this quarter just based on these numbers. Not bad, not bad at all, and we're only just getting started here. But, if we get an Audit on the upcoming annual report, A NEW CEO, and then an S1 filing to up-list to the OTCQB too, just like our sister stock did, $IGPK, well then, the sky is the limit! Go $GCGX!
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