InvestorsHub Logo
icon url

retireat40

03/15/19 5:18 PM

#38153 RE: WinnipegTrader #38152

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”