Smoky Market Foods, Inc. (fka SMKY)

[Huggy Bear]

Dollar, to succeed the company was, as per filings, to obtain approx 26M for three production facilities, correct? Please let me know how far off I am from memory. Even if the financing comes through, and I wish you personally luck on that, the company would be in roughly 30M debt currently and the output of the three facilities combined is around 30M in revenue with roughly 10-15% margin, so giving SMKY in any scenario such a hefty valuation is strange to me. Hopeful wishes or not.

My take in that scenario would be 15-20M market value considering obtained hard assets and accompanying debts, then could ascend from there providing the products sell to/above expectations.