InvestorsHub Logo
icon url

beamin1

03/02/14 11:05 AM

#8052 RE: TheLawIsHere #8044

IMO The current valuation is pretty high with VAPE..I'm still a long sh there and still mod the board as well. Now, that being said there's a lot we don't know and won't until the SH meeting...IMO There's something to justify the valuation, we just don't know what it is yet.

As far as fair value here, well compare this to mcig..we have way more product, established sales channels with repeat wholesale buyers, revenues etc etc..

Then take into account MCIG revenues vs SPLI revenues, which we know are +1m last year minimum and it's easy to see that SPLI SHOULD be trading higher than MCIG..which is also currently way overvalued imo.

I've said many times I think this is fair around .30 based on what we know.

Oh yeah, I forgot to add, MCIG has twice the shares out that SPLI does...