Hi 10bagger...as I posted earlier and also since November
Hi 10bagger...as I posted earlier and also since November on a different voard IMO now, Feb 9th, Q4 ER release will be the landmark for the turnaround in PPS:::::::::all national and international expansions will show effect...pps as of now is already not reflecting any relationship to current financials anymore (and will catch up in an EOY uptrend)::: Revenues of USD 15.40 million and now growing big, Net Earnings of USD 9.23 million, and Earnings per Share (EPS) of USD 0.09. Gross margins widened from 14.41% to 44.86% compared to the same period last year, operating (EBITDA) margins now -10.75% from -99.97%."
Annual Rev 2016 will be ~100M...multiply that by 2 (conservative) and calculate with some non locked QS 100M shares (conservative) you will end up with a market cap/fair market value pps of $2 per share. Do I think it will necessarily be there by EOY...no but possible. Major events could occur such as (pending) govenmental approval of ECIGS in EGYPT (see mansour group distribution inct. of just being a friendly leder/investor, or a way more positive regulation of ecils in US as expected (pending longer than expected for a reason) etc. etc. I do expect the pps, however, stably closing in on a dollar within 6-12 months with spikes earlier than that and higher than that.
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