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recinvestor

02/02/13 10:17 PM

#66260 RE: maxxm #66259

Not so worried about ERBB's share structure. The value of a stock and or its' total market cap is often based on forward looking earning potential. There have been no price to earnings (P/E’s) established for the young MJ industry, but rest assured a P/E will be established at a higher multiple than 1/1. I think everyone can agree that the MJ business stands to bring in billions of dollars in revenues.

Based on revenue potential in this new cannabis economy, ERBB's current footprint already well marked in the industry, and the revenues they should already be collecting from their dispensaries, share structure should not worry those who have the cojones to hang in tight. I believe ERBB will have strong revenues and as P/E's are established, the share structure will better align itself and become quite attractive.
Rec