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Re: inthesky post# 139620

Sunday, 03/27/2022 3:55:14 PM

Sunday, March 27, 2022 3:55:14 PM

Post# of 140288
Listened to the podcast. The new deal they are working on sounds like a grow facility. However I got no vibes that they are very close at completion. I give it 1% chance of success. But that's my two cents only. They only positivity so far is the possibility of rokin making 4M in revenue from this new distribution deal. 2022 revenues could be close to 5M which would be huge. I believe that is to optimistic. I would put rokin sales between 2-3M for 2022. But that is my estimate. Unfortunately there wasn't much confirmation from the duo. It will probably take 2 years for the price to come back above 0.05. At least sustainable. A pps of below 0.01 sounds more like the market fair value. I guess we shall see. I belive 0.24 pps is history until revenues are above 20M and the OS remains below 100M. I know a company that has a lower float, 6M in revenue and 700k in net profit and trading around 0.07. Them thinking this will go back above even 0.10 is a joke with the current OS imo. Only P&d would do that, LVGI is not worth that valuation imo.

My posts are my own opinion. Not a solicitation to buy or sell. Do your own DD prior to buying or selling.