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Iron trader 1

07/06/17 12:35 PM

#83685 RE: Pennythief #83684

Its down today, up tomorrow. Maybe down after that. It's called fluctuation. Its definitely not down because of the news today. Decreasing dilution is excellent news.
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Altitrade Partners

07/06/17 12:42 PM

#83687 RE: Pennythief #83684

And most likely has much further to fall to reach a reasonable valuation level.

Even at a market price of $0.02 cents a share, and assuming the company can generate a $1 million annual revenue stream, (and that's a big if)) the company would have a market value of $15.6 million or 15X revenues.

That is well above the average for the beverage industry of 3-4X revenues.

A Sub-penny level is entirely possible for RMHB.