OTCPK:SPLID - Post by User
Comment by
EdiblesRlifeon Jun 29, 2018 9:48am
91 Views
Post# 28250417
RE:Revenue increase this quarter. 5x? 7x? 10x? 330k last time
RE:Revenue increase this quarter. 5x? 7x? 10x? 330k last timeDefinitely, I agree. My only concern with the financials is the cost portion. Revenue should be amazing, but I hope they didn't take too big of a loss for the quarter. My guess is around $1.5 million loss on about $2.5 milllion in revenue for the quarter. (in $CAD)
stockvet wrote: With Calyx making USD$ 1m+ in April, in addition to half of the revenue of March, on top of their regular revenue streams that will likely have increased as well, I'm thinking it's quite conservative to expect 500% $CAD increase. A full quarter of income could very well be 5m $CAD and that would mean 20m for the year. We could be a 200m market company easily, which would send us WAY above the current price. The SP is currently undervalued.
Imagine when they announce next week "Hey, you like our numbers? Well, add a few million more because we just closed Nevada!".
It costs money to make money, but they are only getting started and picking up steam!