I would recommend you look at the path of Celsius (CELH), which Harrington also helped become a bigger player in the energy drink game. 1 year after he came on as a director at CELH, the market value of the company had quadrupled. Two years in, it was 10 times the original value. Now, nearly 6 years later, the PPS is 16 times higher. That is a significant profit for those who invested. 6 years into Harrington’s investment, CELH is valued at $200 million.
Now apply that scenario to EQLB. Your “out of the gate” evaluation of .10-.25 would value the company at $160 million to $460 million. That is with zero sales and distribution that can’t be wider than Celsius, who’s been in the game for many more years. Your 12 month evaluation of $1 minimum, let’s say, would value places a valuation on the company of $1.8 billion, 9 times that if Celsius, again, who has sales and expanding distribution.
What your failing to do is separate the price per share and the market value. It sounds simple for a stock to run from .0125 to $1, but when you consider how that plays into market cap, it seems less likely.
More likely is that the PPS will move back up into the .05-.01 range and settle until sales can be proven. Even at that price, those invested now can make 4-8x what they invested, and even more if you got in earlier.
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