48North Cannabis Corp. V.NRTH

RE:RE:Correction

[Sunjam]

SeriousCPA wrote: 1) To get the revenues , go on the 48 North Cannabis website. https://48nrth.com. check investors connor on the left top corner

2) Apparently you need 12 hours of  sun to grow weed.  June to September is good. 
 You can not plant 

3) Financial outlook

Lets say we make a conservative forecast  for 2020 because most likely the crop will be harvest  in July / August and therefore will fall in Q1 september 2019. Biological assets will be accounted for but I did not forecast it to be super conservative.....
 

2020 Ending June 2020
Capacity = 40 000  000  gram at $3,25  out door 5000 @ 6,90			164 500 000  $
Gross Margin 60%			98 700 000  $
General administration  10%			16 450 000  $
Sales and Marketing   5%			8 225 000  $
Stock options			5 000 000  $
Depreciation			2 500 000  $
Profit before tax			66 525 000  $
Tax			7 905 000  $
Net profit			58 620 000  $
Outstanding shares   Pro Forma figures			169 792 000  $
Earning  per share			0,35  $
Shares price withcurrent p/e ratio   10			3,45  $
Next year this is what it should be worth on December 1 2019
Market cap			586 200 000,00  $
2020 Ending June 2019
Capacity = 40 000  000  gram at $3,25  out door 5000 @ 6,90
Q1  Sep 30 2018          2500 kg / 4			1 270 000  $
Q2  Dec 31 2019         5000 kg /4			9 375 000  $
Q3  Mar  31 2019         5000 kg /4			9 375 000  $
Q4 Jun 30   2019         5000  kg  /4			9 375 000  $
Total revenues			29 395 000  $
Gross Margin 60%			17 637 000  $
General administration  10%			2 939 500  $
Sales and Marketing   5%			1 469 750  $
Stock options			5 000 000  $
Depreciation			2 500 000  $
Profit  before tax			5 727 750  $
Outstanding shares   Pro Forma figures			169 792 000
Earning  per share			0,03  $
Current Pe ratio			19
Current Price of share			0,64
Facts
Guy Lalibert bought  10 000 000 shares   ( Did not find $) a suspect $0.90 plus warrants $0.65
Anne Darche  bought                    $0.92
Martin cochon bought  recently at $ 0.65 a share
Stock options avr price                  $ 0.73  a share
Broker  compensation stock option   $0,98 a share
What should be the price of the shares with EPS  of			Current ratio	2020 ratio
Aphria has a PE ratio of 26                                           $ 2.30			0,88  $	8,98  $
Cann trust Holdings has a PE ratio of 41                          $1.80			1,38  $	14,16  $
ACB has a PE ratio of 31 with operation losing money !  $1.30			1,05  $	10,70  $
Current  Stock option PE rato =  19                                     $ 0.75		22	0,75  $	7,60  $
Average			1,01  $	10,36  $
At one point the high of the year was $ 1.30 and most Cannibis stock decrease by 50%.
Based of the high of the industries this year  the stock  should be trading as a minimum at $0.65 per share
Following  the annoucement of December 03 this stock should be trading at $ 1.00
So at $0.62 cents it is a steal.....
Regards
*2020 revenues estimates
Q1  September 30			138 625 000  $
Q2			8 625 000  $
Q3			8 625 000  $
Q4			8 625 000  $
Total revenues			164 500 000  $

Indepth! Thanks! Here's the top dog's rev's..

https://www.newcannabisventures.com/cannabis-company-revenue-ranking/