MYM Nutraceuticals Inc MYMMF

RE:MYM

[Super1nvestor]

Seems like a logical, well-thought out prediction. I like that. Anyone else have another take on this? Would love to hear what others think or have seen happen in regards to time-lines and share price movement. Very interesting info here. Thanks for that praesens!

praesens1 wrote: A few days ago I've posted some stuff on Aurora. At the date they got their license they had a 55,000 square foot facility and were months before already valued 100,000,000.
This seems to be a high-end valuation.
A low end example may be THC which was valued 10,000,000 before and when getting granted license.
As a fair valuation +/- 60,000,000 may be considered by getting a license.
Most of the stocks have common that until 6 months after the licensing their shareprice didn't move. That seems to be a correlation with the timeframe of harvesting for the second time (6 months after start growing) and generating initial revenues with this second harvest.
So with MYM getting their license August/September
(which I am not conviced of. Their facility will be ready by then. But I've never heard of Health Canada giving an inspection date during a facility build-out for a certain date after build-out may be completed. Me thinks when MYM is ready in August they have to wait for inspection - the wait may last months ...!)
so with getting their license shareprice may not move upwards for a further 6 months (2nd harvest).
A 60,000,000 million valuation is 1 dollar/share. I think this is the high-end valuation for MYM until at least (!) March 2018.
Unless ... they will be able having other valuation catalysts. So for example indeed boosting HempMed sales up to 10,000,000 in yearly revenue.
But ... to boost it they need material, they need a harvest. And there we are back to the earliest the second harvest the very earliest in March 2018.
So I think I have to stay with the fact that 1dollar/share (which of course is very good !!) won't be surpassed until spring 2018.