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Carm060606

01/14/21 11:06 AM

#206 RE: JohnCM #205

Lol my bad, I was simply referring to the mass general public. It’s a shame Robinhood can’t pump Subversive, but in this case we don’t need it.

I did a quick valuation of TPCO based on projected 2021 revenue and I got the following:

Share structure is 57 million shares... projected revenue 2021 is 334M... standard 8x cannabis mso multiplier gives a 2.5B market cap. Fully diluted willl be 57m shares post the qualifying transaction... this equals approx $43/share fair value

Thoughts???

Carm060606

01/14/21 11:08 AM

#207 RE: JohnCM #205

The ceo also said they’re looking to secure a 1.1B INITIAL market cap upon completion of the qualifying transaction, expected to occur tomorrow after hours... that’s $19/share on 57m shares fully diluted...