Our Expectation similar to Projection, either way he was way off in dollar amount, although they did make profits. IMO I think his timing is just way off and that someday or some year we could just see those numbers, but not 2020, maybe 2022!
Is it possible that they can make $30M in a year in any of the next 3 years? I say yes, very possible. Do you?
OK, Most importantly, let's look at the NOW!
Price per share is 0.0015 and market cap is $4.5M. With $1.1M dollar profit in last quarter with total stock equity -$4.7M. That means break even point is $9.2M which would only take 2 years at this rate and then pure profit.
However I believe at this point other BUDCARS will open up shortly, and just maybe, yes just maybe we will finally get that extra 30% option at some point. That would make the break even point happen much much faster, and profits and much bigger profits happening much sooner.
If we can do $4M per quarter we would break even in 1/2 a year and a true value of $24M in 2 years. Price per share usually doubles market cap on high growth stocks so price per share could be about 48M/4M * 0.0015 or 0.018 in 2 years!
GO SGMD$
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