Medicine Man Technologies Inc (SHWZ)

[StevenRisk]

While it is possible you have 2 Mil in notes paying an average of 12% which equals 3.2Mi in interest and then you have 17.9 mil preferred at 8% which is another $1.32 Mil and this is only for the last 5 dispensaries. Plus other costs incurred. These 13 dispensaries will be probably net $5 mil for the year. I believe $10 mil for the year gives around .18 year end.

These other operators probably had no debt to the magnitude we have taken on that owned Star Buds.

What are your expectations in lieu of all these costs from the acquisitions Doc?

While I am very optimistic these costs have to be factored in for SHWZ net income this year. I believe $10 is very realistic this year based on a very low P/S but to think this net income will carry-over with no carrying costs is absurd. IMHO, .18 is attainable this year and .45 next year based on another profitable acquisition or two.