RE:ThoughtsA good growth multiple for this enterprise, during the first couple of years, would be a P/E of 30-50.
Somewhere between 4-7 million in earnings is needed, at the current Mkt Cap, with the stock in this 1.25-50 area
They are probably trying to launch the 'outdoor' sports item in time for Spring.
Sales and earnings from the product to be reported late Summer/Fall 2018.
We may have a lot of back and forthing in the trading of the stock around this price until then...with an upward bias of course.
Should be fun.