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trademax42

12/01/16 8:36 AM

#15927 RE: shortorlong #15926

Yep, waiting patiently to see pennies, imho.
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TPADA

12/01/16 10:13 AM

#15930 RE: shortorlong #15926

This is definitely possible.

MJNA is currently trading at about 50x annual revenue and has reported nothing but losses in 2016, totaling ~$(20m) for three quarters.

EFFI is trading at just about 2.5x annual revenue (extrapolated) and has reported very small losses in 2016, totaling ~$(51,000) for three quarters.

if EFFI were to trade at 50x annual revenue, like MJNA, it would be trading at 0.072. And that's CURRENT revenue, which is set to explode.

It's pretty obvious where the value is.