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MveMkr

04/20/17 7:56 AM

#912 RE: mook806 #911

In my opinion there hasn't been enough news that has saturated the proper channels for exposure. I believe this hasn't happened yet because there aren't the financials to go along with it. Currently the company is running around a 50x multiplier with respect to revenue and market cap. They are setting up a wax manufacturing facility which I know an individual who managed a facility/lab in Denver. The profits $ffrmf are estimating are true, albeit the likely run time is probably around 5 hours per day and 5 days a week though it could run theoretically all-day-all-week. Anyway their lab construction should be done in a couple of months and in addition to the profits they will receive from selling the raw material, i.e. wax, they will brand a further processed material themselves. I think people are playing with this stock that's why you see the ups and downs. Also, we are in a consolidation period. When they post profits, and they show that they are inside the industry making money, then you can just look at their revenue and estimate their worth. Till then I have my stake, and will hold it for quite some time.