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Yaafah

01/18/22 10:33 AM

#4425 RE: janeyH #4423

LOL....nice try.

pual

01/18/22 10:47 AM

#4426 RE: janeyH #4423

In CDN$ (millions):
Q1 2021 : 1,135
Q2 2021 : 1.114
Q3 2021 : 1.173
Q4 2021 : 1,2 (as per Cannaccord expectation)

FY 2022 : 19,6 - or 4.9 per Q (as per Cannaccord expectation)

Let's see what Q4 will show but Cannaccord is right, it will give a lot of credibility to its 2022 forecast.

Current multiplier is more or less (market cap of 120,000,000 $) 24 Extremely high

Assuming sales of 19,600,000 $ in 2022 and no additional O/S,

even at current pps $1,15, our multiplier would still be in the 20 range.

Bottom line: THE COMPANY MUST FIND A WAY TO GENERATE MORE REVENUES, FASTER, WHATEVER THE MEAN.