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Re: janeyH post# 3911

Thursday, 09/23/2021 10:57:12 AM

Thursday, September 23, 2021 10:57:12 AM

Post# of 5987
As I said, I do not consider Q1,Q2 numbers to be representative of what the next 4 quarters will look like (projection of sales of 2 X $2,300,000).

As for Bynd multiplier yesterday (RBC site) the multiplier was 15,8.

Assuming the same multiplier for BABYF, current market cap would be justified by (185,000,000/15,8) $12,000,000 sales for total next year (that's only $1,000,000/mth) i.e. between July1,2021 and July 1 2022.

I personally believe that sales for (Q3 and Q4 2021) +(Q1 and Q2 2022) should easily justify a market cap of $550,000,000 based on sales of $35,000,000 (using above multiplier). The great effort in developping marketing/sales channels during the last year or so will have to produce a lot.

In addition, uplisting to TSX (at least) should bring in additional institutional investors and that will be a great news also.

We shall see. GLTA

Patiently,

Roger