Just something fun to think about as a long term l

Just something fun to think about as a long term loyal RFMK shareholder and supporter. The par value of the stock is $0.001, the current price is less than twice that value of about $0.002. The company has zero liabilities, zero debt, assets of about $325k, $25k revenues (for a period during which the corp was not selling much product except a test market for the CannaCig), and the corp has a large inventory of new units coming in very soon worth about $1.5M in retail value. An extremely conservative P/E to place on the potential future earnings for the next 12 months is about 30. The $0.002 price point times the 1.5B O/S equates to about $3M, then if we apply the 30 P/E, we get an expected annual earnings figure of about $100,000. That would be about $25,000 per quarter. Let us assume they would need double that in revenues to earn that much. So per annum there would need to be revenues of about $200k to justify a $0.002 PPS. Well, even taking a very negative stance on the potential for sales, the worst case scenario imagine if it took the company an entire year to sell even a portion of the upcoming inventory ($1.5M worth of units) such that the revenues were only $200k.  That would mean selling about 13% of the inventory over the entire year, which seems like a very tragic outcome for the company as far as sales potential. That would equate to only selling 200 units total for the entire year, 50 units per quarter.

But we know from the test market performance that even just looking at OHM and/or GotVape, hundreds of units were sold out in a matter of days. So something does not make sense and does not add up. Hmmmm, perhaps it is the current share price and extremely low expectations for sales into the next 12 months.

Just for fun, let us assume as the bashers do that the PPS falls to par value, $0.001. It is easy then to figure the expectations, just divide all of those estimations by a half. So they would instead only sell 100 units total for the entire year, 25 units per quarter, about 8 units per month, across their entire distribution network!! LOLOLOLOL

Hmmmm, sure, anything is possible for the PPS in pinky land but if the stock were to fall once again to par value, $0.001, I would think it could offer quite an opportunity for investors to get in at a very cheap share price because, maybe I am crazy, but I tend to think that the company will be able to sell more than 8 units per month in the next 12 months. BWTFDIK?!!!  Just my opinions.

THOUGHTS?

GLTA

$RFMK