Yeah, let's look at that 200 days production
That 200 days is for eight hour shifts.
At two tons of input per hour, that's 16 tons of kenaf/day.
From that 16 tons, they'll probably get 4 tons of fiber and a similar amount of core for absorbent products.
Based on the Net Profit Before Taxes on hemp fiber, the kenaf fiber will probably have a NPBT of about $100/ton, or $400/day
I don't know the profit margin for the absorbent, but let's go wild, and assume the NPBT is $300/ton, three times that of the kenaf fiber. That's $1200 NPBT/day.
Total daily NPBT, $1600/day. Over 200 production days, HEMP could see about $320K in NPBT.
Now most, if not all that NBPT will be eaten up by corporate expenses, but let's assume for a minute that CorpEx is $0.
By the time that HEMP is in full production, there will be at least 500M outstanding shares. $320K/500M shares is an EPS of $0.00064.
Even at a share price of $0.10, HEMP would be selling for 156X 2016 EPS.
HEMP is still overpriced.