GREY:LNLHF - Post by User
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Overtimeon Aug 21, 2020 8:44am
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Post# 31437434
RE:RE:Share price
RE:RE:Share priceI could be mistaken but I thought they had 6 months to get the LOI signed and it happened just over 1 month…
Now they have set 4 months to the start of sales in the US, which is still within the 6-month time it could have taken to get the LOI signed… Not bad no?
The timeline appears far but to me seems realistic. Did people think they’d be distributing throughout North America within a couple weeks???
If the annual US and Canadian energy drink market is 14 billion dollars and LLP get 1% of those sales with these energy drinks, that would make annual gross profit of 14 million? I wonder how that translates in share price?
This is a growing market as it’s the younger generation (X, Millennials and Y) that are replacing coffee with these drinks.
Also, this is not just another drink or fancy can, it’s endorsed by a legend. Does that make it easier to sell? I believe so… Will it be used and promoted in big events? I believe so…
Pandemic or not, people eat and drink, actually probably more… :)
Just sayin…
Cheers,