Since everyone always wants to guess what the PPS
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Posted On: 04/02/2019 9:22:52 AM
Since everyone always wants to guess what the PPS will be going forward I did a few simple calculations from the presentation yesterday. Estimated earnings in 2024 are $30,800,000. Divided by 200,000,000 shares gives us EPS of 0.154. Assuming a PE of 30 (MNST is 30, KO is 31) gives a share price of $4.62. And these numbers might be conservative. Who knows what kind of sales we'll have when THC is legalized. Be patient folks, we have a great product, a great management team, and a bright future.
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