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Re: The Whale post# 79015

Friday, 08/30/2013 8:09:35 AM

Friday, August 30, 2013 8:09:35 AM

Post# of 146837
I think this stock will make a run that will put the last run of .08 to shame. this stock has one of the best stock structures of the marijuana plays. Let's take a look at a few comparables:

MJN* mkt cap = 184 million
CBI* mkt cap = 32 million
HEM* mket cap = 38 million

So:

if SKTO reaches parity with MJN* we would trade at .35/share
if SKTO reaches parity with CBI* we would trade at .06/share
if SKTO reaches parity with HEM* we would trade at .07/share

avg = .16/share

numbers based on SKTO oustdanding shares of 519 million

Plus many of these comparable stocks are yet to see their big runs imo, so we could see multiples of these numbers going forward.

So as it stands now, it is possible for SKTO to hit .06-.35 if it reaches parity with the other plays and even much more than that if the sector continues to run...and let's face it, yesterday's announcement is what we have all been waiting for for years. In my opinion, we have a major multiple bagger on our hands with SKTO. This is going to be fun! Cheers!