Replies to post #3681 on 420 Property Mgmt. Inc. (FTPM)

[DISCHINO]

OK, I switched the sticky out, but still would like to see your excellent information include that line item "Authorized Shares"

Whatever....but it remains an important metric for those doing DD here.

Thank you...

[waterchaser]

$123m in revenues is nothing more than a pipe dream for FTPM.
It will never happen.
Anything to fuel the PnD I guess.

[Namaste Charting]

Incredible to think folks can still buy sub 0.003 ? LOL Gotta love finding plays with this much going for them and to be able to pay scrap prices.

[DojiMan]

Look at this. A post that someone actually put some thought into. Nicely done. FTPM

[stervc]

Determining “potential” Net Expenses for FTPM

Within the article below indicating that 1 acre generates $19,000,000 in Revenues from the growth of marijuana and more, it was stated that almost all of it was profit:
http://www.capoliticalreview.com/capoliticalnewsandviews/one-acre-of-land-creates-19-million-in-revenues-growing-marijuana/

Per the Botec Analysis Report below, there is lots of data that was drawn from a review of the relevant literature and from research and interviews conducted with 16 marijuana growers:
http://liq.wa.gov/publications/Marijuana/BOTEC%20reports/5a_Cannabis_Yields-Final.pdf

Marijuana Industry experts estimate that the average price of a gram of medical cannabis is $12 to $15 per gram. These experts estimated that it costs approximately $1 to $2 per gram. That’s a Net Expense ratio of approximately 17% if one were to do the math. For the purpose of this valuation model, let’s consider a Net Expense ratio of 20% to air on the side of caution.

To further substantiate the credibility of the BOTEC Analysis Report, I think we all should understand the credentials of the key personnel that put this report together that was generated from a sample of 16 marijuana growers. The data above from the BOTEC Analysis Report was done by the people below of which all have some very powerful credentials that all should read IMHO:

Jonathan Caulkins, BOTEC Analysis, Carnegie Mellon University
http://botecanalysis.com/jonathan-p-caulkins/
http://www.heinz.cmu.edu/faculty/19cv.pdf
http://botecanalysis.com/


Matthew Cohen, TriQ, Inc.
http://www.triqsystems.com/company/matthew-cohen.html
http://www.triqsystems.com/


Luigi Zamarra
http://botecanalysis.com/luigi-zamarra/
http://luigicpa.com/marijuana-industry-tax-specialist/
http://botecanalysis.com/


So if one could agree with the conservative derivation of the ”potential” Revenues from the post below, they would agree that it is fair to consider a 20% Net Expense ratio from marijuana operations existing within the FTPM 7 properties of 65 acres (minimum) and based on what marijuana experts deem to be fair to consider throughout the industry:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=125803515

This would mean below for Net Expenses…

$123,500,000 x .20 = $24,700,000 Net Expenses

v/r
Sterling