Kaival Brands Innovations Group Inc (KAVL)

[IVRT]

This is probably the tell tell signs that KAVL is worth 20 dollars or more a share in my opinion. Re-packaging is a straight forward message that KAVL products will have a professional and responsible appearance. Another 25,000 outlets to be added in short order only solidifies sales going forward. NASDAQ move will conclude in March. Introduction to the European Union in May will be a massive boost in sales imho. These announcements solidifies the 2021 sale guidance of 400 - 450 million dollars in revenue. I believe a great time to buy KAVL will be in a June to July time frame as KAVL's share price may be driven down ahead of positive news the first part of August, which may suggest increased revenue projections for 2022. All my opinion, but certainly looks like KAVL's share price will be substantially higher as August rolls along into fall of this year. From the PR:

...Most importantly, on February 9, 2021, the FDA indicated all 11 Bidi-Vapor PMTA applications received acceptance letters in its PMTA process. The company believes with the recent initial acceptance letters, it will be able to formalize, in short order, additional large distribution agreements, including some comparable in size to the recent agreement with major U.S. wholesale grocery distributor, H.T. Hackney of Knoxville, Tenn. The news of the Hackney distribution agreement, the rollout of its new tobacco-free nicotine pouch, the Bidi® Pouch, and planned product introduction into the European Union (EU) scheduled for May 2021, all provide the company increased confidence in the previously issued revenue guidance range of $400-450 million. Moreover, the company has executed the application for Kaival Brands shares to list on NASDAQ and anticipates the process to be completed in March. Further details on 2021 revenue guidance, as well as a glimpse into 2022 revenues will be provided in early August of 2021...
https://www.prnewswire.com/news-releases/kaival-brands-q1-revenue-resumes-upward-trajectory-management-reaffirms-2021-revenue-guidance-301227810.html