Replies to post #13891 on Sugarmade Inc (SGMD)

[mrw21j]

I would call it uncharted territory at this point, 3-5 would indicate a moderate growth company. There isn't a lot of track record with companies in this sector and stable value vs. earnings at this stage.
The best guess is that it will not likely be valued at less than 80% of earnings. At this point using 2 billion shares (the proposed increase amount) and $30 million in revenues (which has been stated and given financials, seems to be likely), the 1x earnings share price would be $0.15 - ($0.12 using 80% earnings as bottom figure).

If 10X which some believe (but I don't think that will be seen without a few more years of consistent performance), then $1.50 would be a stable target.