You can't fight it when it is exactly what it is.
CEO stated the company is "we believe we are back to year ago sales levels before even a drop of Badass beer or Rheingold is poured."
So, we won't say $6 million or $10 million. We'll go with $4.5 million from a year ago. So, he gave guidance of at least an 80% increase in revenues just on current product portfolio.
Then he said "before" any beer is poured.
And he said $$$millions of dollars in beer sales.
And we have already proven through various formulas that will probably be $$hundreds of millions. But for the sake of argument, we'll say the company does just the $10 million in sales in MI that is already being generated from 50000 cases a month by mid September.
We will prorate the beer to a .625% factor since mid September is 37.5% into the current fiscal year and we won't count all the beer that has been sold so far just for slush.
So, that's give or take a few bucks right at a bare minimum $11 million in annual sales for the current fiscal year. That is a record by almost double. That is without pouring a drop of Rheingold. That is with out Badass pouring a single drop in another state. That is without shipping the "agreed upon" $3 million per year of Israel.
And that is ONE TIMES CURRENT FISCAL YEAR SALES.
Just because no analyst covers this stock does not include it being measured the way every single stock is measured across all markets in the world as every analyst and institution does daily.
And based upon that, since the market ALWAYS looks 6-9 months out for current valuation purposes, and has ALWAYS maintained a P/S ratio of 3-5 on DKAM, then the stock is currently undervalued by 300% given an average P/S ratio of 4.
So, at the absolute minimum, if the company didn't do another thing regarding bringing in any more sales for the next 9 months then it should be trading TODAY at .44.
I feel very sorry for those who got forcefully liquidated. That also is a sign of a pending move higher on a stock other than the pure and unadulterated economics of how every stock is measured.
(But he did say profitability at least 10 times, which is right at $17 million or so for break even. So he knows he's going to do more than what I just outlined. Refactor and retool as you will. It's all just ignoring the obvious).
