OTCPK:SPLID - Post by User
Post by
Dazhoidenon Dec 29, 2017 11:24am
119 Views
Post# 27244971
What's up with Stockhouse.com being down all the time?
What's up with Stockhouse.com being down all the time?Has stockhouse.com been down for everyone? I'm missing out on all the great 'gossip'!
Looks like we're re-basing above $.80, that's good, hopefully we will starting seeing an up-tick back to $1.00 before EOD.
Exciting and scary to be on this roller-coaster. Taking a step-back to look at the bigger picture, Jan 2nd is just around the corner!
Who knows what the true value of EAT is, .. maybe $0.20 or maybe $1.00++ with the business POTENTIAL in Cali in the coming months.
I heard there are 1000+ dispensaries in Cali for the medical market, I would guess that you could expect to double or triple that amount in time with the recreational market, and with Calyx on board, hopefully EAT gets distribution to all those places.
Also, EAT is focusing on the higher-margin business of oils / vape pens, and edibiles, also distribution of soluble powder packets to the beverage market. All together, that is a lot of potential sales - which would justify a $1.00+ valuation with a high sales-multiple. I think the real trick here will be for them to expand across multiple states - a few hiccups there for now, .. they need to stay focused and execute.