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ThePlatinum

05/07/14 1:21 PM

#116142 RE: 7Secret7Service7 #116133

1.3 Million lbs over a 5 years period



50,000/170 = 294 , 294x10 = 2940 x 4 cycles = 11760 lbs per year



So, my dear, how does FITX plan to grow 325,000 pounds of marijuana per year for the next 5 years? For the PRd numbers to work they'd need 1 million plants. LOL, math

nycapo76

05/07/14 1:23 PM

#116145 RE: 7Secret7Service7 #116133


So that is about the number I was coming up with per lb...

Bill said (in the nasdaq video this morning) up to 1.3MM lbs in the next 5 years so if you average that its about 260,000 lbs per year (lets call it 250,000 lbs per year for arguments sake)

So...

$2000 per pound * 250,000 for first year = $500,000,000 * .60 margin = $300,000,000

$300,000,000\3.5Billion shares = .086 * 20x PE = let's say $1.50 PPS

Then if there is a buyback or reduction perhaps that helps and the fact he will most likely uplist...

Thoughts