Slang Worldwide Inc C.SLNG

LBA Global Corporation

[Miroslav2]

If I'm not mistaken was LBA revenue last year $35 mill and was growing? If so that would mean Slangs revenue will increase by at least that much or more that would add $8.75 mill at least to what ever they are making now a quarter..If I'm missing something let me know.

[COMEwatch]

This post has been removed in accordance with Community Policy

[Seleucus]

Miro, I'm not sure of the LBA revenue for 12-months.  I couldn't find a SLANG public notice or financial stmt.  I did google "Lunchbox Alchemy revenue" and got a number like you provided, but I'm not sure on its accuracy.  If you have time to insert a link, pls share.  Regardless, I think the Pleasant Valley and LBA acquisition are very positive for SLANG

[happyascanbe]

This was in the media from Chris, from Sep 24th. https://www.slangww.com/wp-content/uploads/2020/10/SLANG-Worldwide-closing-in-on-Colorado-deal-looking-at-targets-in-Oregon-execs-say-_-Mergermarket.pdf "The deal will be announced "imminently," both said. Pleasant Valley, which has indoor and outdoor growing facilities, Driessen noted. SLANG is currently Pleasant Valley's

[Seleucus]

Happy, thanks.  That's good news for current stockholders, even with potential ACG acquisition dilution.  Right now, mkt cap is ~$30m USD and annual revenues around $15m USD.  If annual revenues go to ~$40m USD, mkt cap can get to $90m USD, and if shares are diluted another 10% (30 million issued for ACG), the price can easily be $0.25USD per share.  Without factoring cash

[happyascanbe]

Cannabis companies are trading at 5x+ revenue multiples, so this has $0.70+ potential if they continue to execute on their plan.

[JFKFKJGKF]

This post has been removed in accordance with Community Policy