GREY:CVHIF - Post by User
Comment by
brentski99on Mar 19, 2019 2:41am
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Post# 29504320
RE:RE:RE:VFF is a great example of Mixed Business
RE:RE:RE:VFF is a great example of Mixed BusinessVCAN will have annualized revenues of $25,000,000 or more in a few months time without any losses. And earnings I assume depending how they finance future expansion. Good debt - could leverage sales revenues smartly to a much higher figure than $25,000,000 in a very short time depending on how it is utilized. They could probably finance a lot of their future expansion using a line of credit and avoid going the debenture route until revenues start approaching $100,000,000 in sales.
We have the guys with the know how to do it in the best possible fashion with the least possible amount of dilution. New dispensaries tend to get up and running producing revenues very quickly and do not forget we are doing both medical and recreational cannabis. Very few companies in this market sector are doing a lot of revenues yet or are profitable.
Valuations are all over the place but mostly on the wild and crazy higher end. Imagine what a 10 x SPR would look like. Or even 5 or 6 with just $25,000,000 in annual revenue with only 35 million shares outstanding. Now that is exciting.