VNNYF going to go hard,,, Only 36million shares

VNNYF going to go hard,,,

Only 36million shares , market cap 40 million cdn

Should be trading around $4 just on this 1 deal...
http://www.marketwired.com/press-release/vine...192979.htm

Annual sales in excess of CAD $14,000,000 and adjusted EBITDA of over CAD $2,000,000

LP's in Canada are currently valued at 20-25 times revenue

Using 20:

20x ($14m x 51%) = $140 million = $3.88

Using 25:

25x (414m x 51%) = $178 million = $4.44

Thus at 36m shares VIN should be trading well north of $3 once the deal closes.

Again i just used current acquisition historical sales

* Other deals could happen
* VIN is looking to go global
* VIN is looking to work with large growers and provide access for them to a comprehensive catalogue of cannabis strains.

* The company will also aim to in- license and joint venture on best in class technologies and products for both the medicinal and recreational markets - domestically and internationally.

So honestly....$3 is the bare minimum for VIN...

And who knows...one of the big 5 (WEED, APH, ACB, OGI, EMC) could be interested in our internatioal oil patent and now, 2000 IP canabis strains and Euro / Global market reach...


Some reading:

https://technical420.com/cannabis-article/ma-...s-industry

https://equity.guru/2017/02/02/vinergy-resour...man-kinda/

http://www.fox34.com/story/34409582/cannabis-...na-markets

https://equity.guru/2017/01/18/vinergy-resour...rapeutics/