To get a good Idea on what we are shooting for is to take a look at similar beverage companies that have already done it.
Look at NBEV
-they have greatly increased sales past 2 years and now are well over 60 mill a year in sales from around 2 mill a couple years earlier.
-total shares outstanding is about 75 mill
-they trade about $5.42 and are now on the Nasdaq and were on the OTC previously.
-market cap is 424 mill (about 5-7x sales but lets use 7x)
For RMHB it will basically be a increase the sales then reduce the shares situation to get us to this point.
This is pretty much are model of where we want to get to next... and then after that we go after the big boys.
so to answer your question if we do strictly a math to math comparision (nothing is exactly apples to apples though)
If we can increase "expected" sales to 10 mill a year then we should be trading around 4+ cents
(10 mill x 7x = 70 mill valuation / 2 bill shares)
if we reduce the shares to 1 billion that would be approx 8+ cents a share.
I think we can get to 50 mill by end of 2020
50 mill in sales with curent share structure would be around .20/share
with 1 bill in shares around .40/share.
there are many other factors involving of course increase or decrease of market sentiment for the stock which can greatly overshoot (like we saw in 2015) or greatly undershoot (currently) the share price.
Our biggest problem affecting the SP is actually the amount of shares outstanding(by far).
the sales will come and I am sure with greatly increased sales mgmt can restructure the share count to position the company for a eventual future move to the NASDQ
hope this helps.
Rocky Mountain High Brands, Inc. (RMHB) Stock Research Links