![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Thursday, January 09, 2014 3:37:51 PM
FITX can grow 1.3MM lbs
Assumptions: they only grow 500,000lbs; sell for $50/oz(ultra ultra conservative) (50 x 16oz/lb = $800/LB
500,000lbs x $800 =$400MM in Revenue for FITX
If we make 8%-10% = $32MM - $40MM with margins at 50%(tech software that’s low)
$32MM to $40MM X 50% = $16MM to $20MM in profit for EDXC
70MM shares outstanding $16MM = $.22/share @ $20MM = $.28/share
Slap a 15 multiple on that puppy and $3.30 to $4.20 share value just for this one piece of business and only with 500,000lbs! add the other business segments etc. and well… this is just AWESOME!
getrdun
Recent EDXC News
- Endexx Corporation (EDXC) Leverages Global Market Trends and Legislative Reforms to Spearhead Growth in the Cannabis and Plant-Based Wellness Sectors • InvestorsHub NewsWire • 03/27/2024 07:01:28 PM
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM