OTCPK:SPLID - Post by User
Post by
stefchillon Nov 17, 2016 11:07am
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Post# 25474944
Confortable with SP
Confortable with SPHey guys, I don't understand why everyone is winning on the board. SP stands at about 150x revenue (Let's say 400k revenue this year). This isn't bad with the Hype we are in. If we compare this to the producers that are running at over and above the 1000x revenue (CGC or ACB) OGI looks more like a 600x revenue. So why is everyone freaking out, this just means from my point of view that the fluctuations on SP will be less for us. For sure people that want to be rich over night are pissed but the people that want to hold on to this for at least a year. We will probably see a nice gain in time, once EAT increases revenue and starts producing their oils. For sure the bigger bucks will be when the Phase 2 plant jumps in and we start producing edibles (Hopefully this will take place within 6 months, we have the $$ to do so now.) Instead of guessing on SP we should think more what would be a reasonable amount of revenue we could forecast for EAT in 2017, could we be generating 1-5M$ in sales over the year? 2018 could we be hitting the 10-20M in sales? Taking that into consideration, this stock as huge potential, but again we should start to have an idea of sales by Q2 2017 and that's when we might see more interest and a SP that everyone is waiting for! Good Luck guys.