Another very respected poster on thee other board.
Post# of 2022
EVIO's o/s was ~8M shares in today's structure when it hit the equivalent of $5 last year. It didn't stay there long but pps was $2-$3 for quite some time. We've diluted about 30% since then but market cap was a solid $20M for months.
We are bigger, faster, stronger, a year later. $5 would mean a $55M market cap. With a P/E ratio of 15 earnings would need to see about 3.6M and revenue (we'll say margins of 33% WW says 45%) would be just over $10M.
Want to know what WW projects 2018 revenue to be? $9.6M
So yes Steven, if WW hits the numbers this upcoming year... $5 is within reach provided we don't see much dilution.
Hold um tight I think we are finally pulling out of the r/s death spiral. Remember last year MA and CO weren't even on the map and definitely not Canada.
EVIO has much greater coverage today than I expected.
Oh Canada! Hoping we get our lab there sooner rather than later.
Also praying for a CA lab and a QX international uplisting to capitalize on the feeding frenzy. Cali and Canada would be a double threat. I'm looking at Canadian stocks that are trading at 10x the cap they should be.