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CHILLWILL1704

10/16/18 5:59 PM

#12169 RE: alannnnn #12168

I wouldnt even talk to a pumper or dumper--I consider them as snakes that prey off uneducated traders--welcome aboard

Curt D

10/16/18 6:22 PM

#12170 RE: alannnnn #12168

I believe you'll be very happy you did. I've been in FRLF since late last year.

Amac1001

10/16/18 6:36 PM

#12174 RE: alannnnn #12168

You need to do some DD on this. I am a stodgy buy and hold guy. I trade on multiples of revenue potential. Below is an old analysis I did on that a month ago and why I feel $1 is a no brainer:

You can basically double all these numbers given where Tilray price is.

So for fun lets play the Tilray vs. FLRF game (now that Tilray is up at $95/share).

Tilray 75m shares @ $95/share = $7.5B Mkt Cap
Tilray last Qtr rev = $10m, annualized = $40m
Tilray trading at 188x revenue

FRLF current market cap = $34m
FRLF has in public disclosures identified Revenue streams that could in theory produce $30-$40m in revenue, so lets say $20m potential to be safe.

If FRLF achieves half that revenue and lets assume to be conservative that Tilray’s revenue multiple of 188x is 50% too high (frothy) so we use 94x...

So $20m rev x 94 = $1.9 BILLION market cap.
Current market cap = $34M at ~ .18 share price, so at $1.9B market cap, share price would be roughly $10.00 per share....

So with a ‘frothy’ valuation, could FRLF run to $10/share in a few years? Even if that scenario is 75% too optimistic (even with my conservatism above using 1/2 Tilray’s multiple and half identified revenue potential) and you’re still looking at $2.50 per share...FRLF would have to be on the NASDAQ for this to occur but still...wow.