IDVV, Last Trade .092, up .012. I just read an ar
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Posted On: 07/31/2018 3:14:37 AM
IDVV, Last Trade .092, up .012.
I just read an article that said Cannabis related companies are trading at an average of 100x sales. IDVV already has Nine OGGLS on backorder. When they are shipped each one will create 141,000 in revenue. That is 1.5 million. Which means it is conceivable that IDVV could have a MARKET CAP OF 150,000,000.00. That equates to more than 2.00 per share. Considering the float is so low at 9.9 million shares it could go much higher imo. A sale to a Canadian or a JV in Canada and this will explode TO DOLLARLAND. imo
I just read an article that said Cannabis related companies are trading at an average of 100x sales. IDVV already has Nine OGGLS on backorder. When they are shipped each one will create 141,000 in revenue. That is 1.5 million. Which means it is conceivable that IDVV could have a MARKET CAP OF 150,000,000.00. That equates to more than 2.00 per share. Considering the float is so low at 9.9 million shares it could go much higher imo. A sale to a Canadian or a JV in Canada and this will explode TO DOLLARLAND. imo
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