Wednesday, April 24, 2013 2:58:56 PM
Vending machines? Got em.
Product? Got it.
Dispensaries? 2 and more coming
Direct to consumer MJ sales? Happening
ERBB is valued at less than $3.5m!!! The 2 dispensaries alone should be worth more. Here in CA the premium clubs make as much as $1m PER MONTH and the average is around $200k/month.
MD*X has a $450m market cap. Yes, that company has far less outstanding shares but the MD*Xs value is almost entirely intrinsic as the company has yet to realize the business model. MJ*A has a $150m market cap. Based on "comps", ERBB should command a much higher market cap.
@$50m market cap, ERBB should be around .03/share
@$100m market cap, ERBB should be around .07
@$250m market cap, ERBB should be around .20
@$400m market cap, ERBB should be around .37
All very achievable numbers and hopefully numbers we can look forward to
On the wild speculation side, when MB*X was at its 200/share peak, the market cap was around $2b.
@$2b market cap, ERBB would be $1
Keep your eyes open and your mind will follow.
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