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Re: OC Dan post# 4599

Monday, 02/17/2014 7:35:01 PM

Monday, February 17, 2014 7:35:01 PM

Post# of 111925
You're exactly right, and as I and several others have mentioned, we just have to wait for filings to know for sure. I've personally even gone so far as to consider that, if they wanted to stretch the truth as far as income goes in the pr, they could be talking about more than one year of revenues..but even still, if it's +7 for 2 years, that's at least 5m a year which still values this way over mcig..and even if you half that again, and it's 4 years, it's still 2.5 a year min to get them over 9.99m in 4...so no matter how they "stretch" that # if it's valid at all we know they are moving products.

Now I have no reason to think they are speaking of anything other than the past year as far as time periods go...it's just something I've considered as a possibility. That and obviously that there's no guarantee that +7 is profitable, but I'd have a hard time understanding them being a money losing operation based on what we know.

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