Replies to post #32547 on Branded Legacy Inc (BLEG)

[sleekscape]

Q2 REVENUES WILL JUMP 150% = VATE IS A STRONG BUY HERE

This is exactly my thought process

Sentiment has bottomed simultaneously with revenues about to really ramp in Q2 with the launch of both lines of CBD-infused Beverages, which is a strong buy signal

If the first run was 60,000 units, and each unit will wholesale for $2, then revenue from this initial run will be $120,000 — that alone is more revenue than the entire Q1 — add in $100,000 of Q1 revenue and that is $220,000 in Q2 — add in a 2nd run of CBD beverages that is larger than the 1st run of 90,000 units and that is an additional $180,000

So the worst case scenario for Q2, with no growth in their existing line of products, which makes no sense given their acquisition of Blessed Bean Coffee in Q1, would be $220,000, which is over 100% growth compared to Q1 2019 and about 200% growth compared to Q2 2018

A more reasonable Q2 revenue estimate would be $250,000 - $430,000 depending on whether that 2nd run of CBD Beverages ($180,000) falls in Q2 or Q3

But even at the lower end of $250,000 for Q2, that is still around 150% growth from Q1

So VATE is a great buy at these levels


Sleek

Chart starting to resemble the first weeks of November. Same conversations were being had. :)