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canadiantrader_matt

11/14/17 4:41 PM

#105023 RE: Goodtimes79 #105022

Good times hate to say this but 500K in revenue is not good especially with what I'm expecting is thin margins after cost of goods purchased from easy grinder your probably looking at 125k gross profit minus expenses and keep in mind the marketing campaign expense which I'm expecting to be heft this company went for -900K to over a million net loss. That said going forward they will have to sell a lot of grinders.
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jvl820

11/14/17 5:06 PM

#105027 RE: Goodtimes79 #105022

Let's say financials are solid enough and the stock rises as you said - will we crash then or have we hit good territory in your opinion to at least remain steady? Trying to figure out a plan here for the coming 7-10 days.
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FinnWeed

11/14/17 5:40 PM

#105033 RE: Goodtimes79 #105022

Never gonna happen? Where do you draw this conclusion from?
There are companies that get well over a penny even with a hefty number of outstanding shares. The best example could be A£OL, an MJ company very similar to VPOR with almost an identical share structure. It touched 5 cents before settling down to around 2 cents for a few months. Granted, it has now fallen below 1 cent (around 0.008).

It needs more good news and for Yaniv to continue building trust towards the management, but saying 1 cent could never happen is silly. $500 000 in revenues during the _first_ full quarter of the product on the market is a great start. Now let's keep the O/S steady or even reduce it a bit and start climbing up to be profitable during the next few quarters and the PPS could really spike up.


EDIT: Just noticed the original question was about "anytime soon". I agree, this is not going to get over 1 cent anytime soon. Let's just say it could very well happen in the near(ish) future.