I am just looking at the potential that's there wi
Post# of 56324
Posted On: 04/13/2014 5:16:14 PM
Re: fingermoney #14033
I am just looking at the potential that's there with HEMP TECH... Hoping we see it happen. If anyone can take HEMP TECH Ltd to that level it is Bill.
Don't want to seem like I'm crazy pumping with my optimism... I'm just seeing the possibilities...
Either way, even if HEMP just matches the MMJ revenues... based on Newbies projections, we're still looking at:
$4.48 billion divided by 3.4 billion shares = $1.40 per share
2.24 bil X 3 (multiplier) divided by 3.4 billion shares = $3.94 per share
2.24 bil X 5 (multiplier) divided by 3.4 bill shares = $6.58 per share
With Dans estimate of 8 - 16 X, we're looking crazy...
So, let's just split the difference of the high range and go with a multiplier of 8X.
2.24 bil X 5 (multiplier) divided by 3.4 bill shares = $11.20 per share
@ 16X it would obviously be $22.40 a share...
Personally I think it will be much higher within 3-5 years, especially when earnings start to come in and the profits are huge.
Don't want to seem like I'm crazy pumping with my optimism... I'm just seeing the possibilities...
Either way, even if HEMP just matches the MMJ revenues... based on Newbies projections, we're still looking at:
$4.48 billion divided by 3.4 billion shares = $1.40 per share
2.24 bil X 3 (multiplier) divided by 3.4 billion shares = $3.94 per share
2.24 bil X 5 (multiplier) divided by 3.4 bill shares = $6.58 per share
With Dans estimate of 8 - 16 X, we're looking crazy...
So, let's just split the difference of the high range and go with a multiplier of 8X.
2.24 bil X 5 (multiplier) divided by 3.4 bill shares = $11.20 per share
@ 16X it would obviously be $22.40 a share...
Personally I think it will be much higher within 3-5 years, especially when earnings start to come in and the profits are huge.
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