Instadose Pharma Corp (INSD)

[Lurking Board Member]

I've already said that the valuation was preposterous during the pump, pre merger.

However, if they actually can pull off the volume suggested in the forward looking statements, at $1.56/g...

Columbia is talking about a 1M KG annually. If they can pull off 100,000kg, as they seem to be indicating for June (on or thereabouts) as their opening transaction which was also indicated in prior press releases as well, that's 156M in Net Revenue.

And if they can push 100,000 kg to start...then maybe that 1M kg is actually possible. That's 1.56B in Net Revenue from that single pipeline and that valuation isn't too far off (assuming Net Income is equally impressive).

Those are big boy numbers.

Anyone involved in this right now is just hoping the above is true. So far it isn't.

This is still a developing company and despite all the chatter on this board about a pay day, it should be approaced with caution. Absolutely nothing has been proven by Instadose in the market, at a scale that pays out.

I am a shareholder, so I hope it works out, but I also realize that some serious logistical and legal challenges exist. Not the least of which is the CE.