First of all, welcome aboard.
Clearly math has been done. Yes, you're correct, there is no way to know the future for sure, except to make it the present and then the past.
However, there is quite a bit of math that's been done, using relatively conservative values for the P/E ratios, profit margin per oven, time-frame needed to roll out Eddie's plan, etc.
And yes, naturally, expansion requires more ovens, and there again using a conservative profit margin from annual revenue per oven - and of course nobody here thinks fish sells itself, but assuming you've done your DD, you'll know that there are so many layers of expansion planned, and so many separate distribution channels that are in place and are being worked: to include much of the advertising that you would like to see...but how do you propose to pay for that without massive dilution? By some very creative financing designed to retain shareholder value, become operational, create revenue, and roll out phase after phase.
I've never seen a TO DA MOON post on this board, and I'm not sure what you classify as that "type" but strangely enough I can't remember a single post talking about any kind of overnight explosions, or any of the other typical momo posts - this stock can (and has shown that it will) show huge gains in short periods, due in large part to the tiny trading float, so I'm not sure what hype you're referring to.
And seeing as none of us sell the product, I can only assume that you're speaking to Eddie about selling more fish and less stock - and if you think Eddie needs to change something or that this math is far off, I suggest you give him a call and see if upon conclusion that you still think you have some stellar recommendations that he should implement in order to make this "legit."
For me personally, I am glad you're on board - and think you will be too. But, anybody that jumps ship because of one or two projections (that are based on very real math and are very possible) without doing the full DD and realizing the opportunity at this moment...well, it's not really that much of a loss in my book.
Again - welcome. Since we've seen the math, I'm eagerly awaiting your math to show us your price calculations, as surely you wouldn't invest in something with no idea of where you think it should/will be fairly valued in the future...
