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Posted On: 11/08/2017 4:29:43 PM
Post# of 75062
Re: Thczinvestor18 #39551
Right now RMHB has a market cap of $13.88 million. This means the market cap valuation is 34.53 times the total sales ($401,974.00) as reported on the current Form 10K filed with the SEC.
Let's say that a year from now the Equity Funding Agreement brings the outstanding share count to 2 billion shares. That would mean the market cap at your 70 cents would be $1.4 Billion. If that reflects the same 34.53 X total sales as the current market does, sales a year from now would have to be chugging along at a $40,544,454.00 pace.
If my math is right and assuming numbers don't lie, RMHB just needs to increase sales by 10,000% over the course of the next year for your scenario to become reality. That's right.....10,000% increase!
Since this post is about facts, and not unsupported speculation, I expect it will be removed.
Let's say that a year from now the Equity Funding Agreement brings the outstanding share count to 2 billion shares. That would mean the market cap at your 70 cents would be $1.4 Billion. If that reflects the same 34.53 X total sales as the current market does, sales a year from now would have to be chugging along at a $40,544,454.00 pace.
If my math is right and assuming numbers don't lie, RMHB just needs to increase sales by 10,000% over the course of the next year for your scenario to become reality. That's right.....10,000% increase!
Since this post is about facts, and not unsupported speculation, I expect it will be removed.
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