My notes on Mike's talk today: $100 million in
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Posted On: 06/04/2018 9:58:13 PM
My notes on Mike's talk today:
$100 million in sales by Dec 31st 2023. Stated market cap goal of $250 million by that date. (I believe Mike is being conservative with this number.)
They are studying the Weight Watchers model, providing products that support that model.
Goal is to be recognized as a market leader in CBD (as clearly stated before).
Eagle Spirit is their 'secret weapon'. Eagle Spirit subsidiary is in certification process for minority owned business to gain access to lucrative government contracts.
Working 'right now' on a consumer purchase loyalty program.
My notes:
By my valuation model, $100 million in sales by EOY 2023 implies a market cap of $500 million and therefore a PPS of $0.45 on that date at current share structure. FTW! (That's me doing the millionaire happy dance, haha.)
$100 million in sales by Dec 31st 2023. Stated market cap goal of $250 million by that date. (I believe Mike is being conservative with this number.)
They are studying the Weight Watchers model, providing products that support that model.
Goal is to be recognized as a market leader in CBD (as clearly stated before).
Eagle Spirit is their 'secret weapon'. Eagle Spirit subsidiary is in certification process for minority owned business to gain access to lucrative government contracts.
Working 'right now' on a consumer purchase loyalty program.
My notes:
By my valuation model, $100 million in sales by EOY 2023 implies a market cap of $500 million and therefore a PPS of $0.45 on that date at current share structure. FTW! (That's me doing the millionaire happy dance, haha.)
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