Replies to post #2654 on Cannabiz Mobile Inc. (LGBI)

[prokopton]

Come one, dude.

To simplify matters, the possible market value is 450,000 ounces x $1,550 per ounce. Otherwise we need to add the cost of the wholesaler/distributor and other expenses to the equation on top of those mentioned, then we get into:

"Divide that by 40 million shares = $12.45 per share."

But it's not really worth $12.45 per share for a nice profit because there's commission, local tax, state tax, federal tax. Or maybe there's no tax if the shares were bought in a tax-free account. If we stick to market value, it simplifies matters.

I do get your point, though. :-)