By the way, just to illustrate why I think the cur
Post# of 11899
By the way, just to illustrate why I think the current price at $0.0035 is just a big fat joke and is laughable (yes, the current PPS actually makes me giggle EEeeehHehehehee) :
Assume extremely low P/E multiple at 10
Assume current PPS at $0.0035
Assume current O/S at 1.44B
P=M*EPS=(10)*(EPS)=0.0035 ==> EPS = 0.00035
Total annual earnings assumption ==> (0.00035)*(1.44B) = ~$500,000
LOLOL
Revenue from a single CannaCig sale = $100
Total number of CannaCig sales from $500k annual earnings = 5,000 units sold
Hahahahahaha, are you starting to see why I laugh at the current PPS?!
The question is : do we think that in a year, RFMK can sell less than, equal to or more than 5,000 CannaCig units!! By the way this is only an earnings analysis as well, what about tacking on the current book value with assets, current inventory, no liabilities and a $1.5M funding package?!!! By the way, assuming only five outlets (distributors) for selling the product, each store or outlet method would only need to sell about two units per day to realize the 5,000 unit level of sales for a year. Its laughable.
Do or do not, there is no try.
$RFMK!
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