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Willy

11/18/19 4:08 PM

#70870 RE: trader53 #70845

No product on Amazon, of course most of us never expected there to be a product on Amazon, since nothing Kate has told any investor over the past few years has actually happened. BUT, lets assume, for the sake of discussion, that she actually sent product to Amazon. I asked her how much she sent and she told me 600 Kilos. That amounts to 21164 ounces. The product from other suppliers is selling at about $1.00+ per ounce. So, if she sent the product, and Amazon lists it, and it sell out over time, QEDN will have a gross income of $21,154. Let say that the gross profit on this sale is $15,000. The last share count we had was 1.8 billion outstanding. So earnings per share would be $15,000/1,800,000,000 or $.000008 per share. At a generous multiple of 50 times earings that would give a share price of .0004. So if she sold out this year a stock price of .0004 would be reasonable and supportable.