OTCPK:EMMBF - Post by User
Comment by
Crosby087on Nov 21, 2018 11:09am
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Post# 29004634
RE:RE:RE:RE:Did they say?
RE:RE:RE:RE:Did they say? Good results by EMC, of course market didn’t react accordingly. Nonetheless , if Q4 is higher than Q1-Q3 combined , that should be about $5M on revenue and around $10M for the year ended. Then using minimum $5M as benchmark each quarter, we should be in excess of $20M revenue minimum by FYE Dec 2019. Also keep in mind , Aphria will supply Emblem 25,000 kilos in 2019, and the Germany deal long term will be very profitable. Profit margins are high in Germany.