stock price prediction based on 8K
CWBHF has a Price/Sales ratio of 18, CVSI has a P/S of 12
assuming the other numbers come in!
Using 18 price/sales for CANB, with 500M shares outstanding, would be:
2019: ($12,514,000 x 18)/500,000,000 = $0.45
2020: ($40,000,000 x 18)/500,000,000 = $1.44
2021: ($70,000,000 x 18)/500,000,000 = $2,52
Using 12 price/sales for CANB, with 500M shares outstanding, would be:
2019: ($12,514,000 x 12)/500,000,000 = $0.30
2020: ($40,000,000 x 12)/500,000,000 = $0.96
2021: ($70,000,000 x 12)/500,000,000 = $1.68