If they hit these milestones, the pps should be MUCH higher based on the 10 million issued and outstanding. A P/E of 15 gives them a pps of at least .75. The second milestone is $2.25. A P/E of 30 doubles that.
This Addendum dated March 8, 2019 and executed contemporaneously with and incorporated by reference to the above referenced.
Upon execution of this Addendum Section 2.4(a)(iii)(i) shall read: “Milestone 1- Achieving $10 million in sales prior to September 30, 2019 or a minimum gross profit of $500,000;”
And
Section 2.4(a)(iii)(ii) shall read:
“Milestone 2- Achieving $30 million in revenue prior to December 31, 2019 or a minimum gross profit of $1,500,000”