Grapefruit USA Inc (GPFT)

[scottmba]

Back to basics. What will IMGG be worth after FDA approval?

Facts per Dean:
600k per machine with service contract
ramp up to 100 machines after one year
margin on the machine is 50%

Variables:
First year sales: 200 (conservative, there is pent up demand he said)

200 x 600 = 120 million
120 x .30 income margin (conservative since the gross margin is 50%)

40 million in income / 375 mm shares = .11 cents/share or
a P/E of 10x = 1.10.

Now a buyout or a PEG ratio could make this look cheap.