RE:Am I missing something?This is exactly the type of DD every investor should be doing before investing in a company. These are fundamental questions that should be answered to figure out a fair value.
I'd like to hear others answers to these questions too please
NEWBIEVESTOR wrote: Just doing DD learning about mmj and it says there only building a 10,000 sq ft facility that will eventually be upped to 20 and then 40,000. Do they have a 2nd project on the go?
cause if all this hype is for one project that's on their website:
10,000 sq ft does approx 1000kg a year dope or 1 million grams
With no license to sell they can get $5 whole sale with $1.30 to produce. $3.70 pre tax profit
thats only $3.7 million (pre tax) and if they get a license to sell (not grow 2 different things) they could get $5.7 million
and at 0.13 there sitting at a 25mil market cap with no earnings for awhile to come. And yeah at 40k sq ft they would be making good money but that's years away.