FITX UPDATED Stock Price Valuation Model
Post# of 56323
The following updates the financial and stock price valuation model we posted last week:
FITX is building an infrastructure that will support in the short term up to 1.3 million pounds of MJ. That would be a multi-billion dollar revenue business with over 60% profit margins.
Forget 1.3 million pounds of MJ for a minute. If FITX produces just 100,000 pounds of MJ in it's first full year....less than 1/10 (one tenth) of the 1.3 million pounds.....at a sales price of just $2,500 per pound...the total revenue will be $250,000,000 (two hundred and fifty million dollars)....at a 60% profit margin, that will be a profit of $150,000,000 (one hundred and fifty million dollars).
Original model: FITX total authorized share count of 3,500,000,000.....the earnings ($150,000,000 divided by 3,500,000,000) per share would be $0.043 (four point three cents) per share. Then, with a modest P/E (price / earnings) ratio of 25....the calculated/justified stock price would be $1.07 (25 P/E times $0.043 earnings per share).
Yes, please re-read this again.....at less than 1/10 (one tenth) of the potential annual growing/distribution volume, the FITX Stock price value would be $1.07 at a modest 25 P/E.
UPDATED MODEL: To further crush the shorts, sellers, and bashers....reduce the first full year output/sales to 5% of total capacity....or 50,000 pounds of MJ....@ $2,500 per pound = $125,000,000. With 3,500,000,000 shares that is $0.021 (two point one cents per share)....@ the 25 P/E driving a $0.536 (fifty three point 6 cents) per share stock price.
And, Friday, the FITX Stock price was $0.0877 (eight point seven seven cents) a share. Imagine the stock price as MJ output/distribution increases....globally.
Now,we know why the caliber of executives joining the Board of Directors is so strong. Our analysis and opinion....do you own and decide for yourselves