RE:This really baffles me...Or I look at it this way, they are almost full at 400K KG capacity, so even if they where to make only 0.80$ a gram with margins on 58%, that's 400 000 000g x 0.80 = 320 million x58% = 185 million... We should be way higher then this and if we execute right should reach a 1 billions market cap farelly soon...
For those who fear VGW will not be working in 2-3 years time, I'm sure there is plenty of weed out there to process, they will have contracts, white label, someone will buy them out, or they will also partners with big alcohol, tobaco or pharma !!
GLTA
TBM
TheBananaMan wrote: So we are now trading at 3.60$, a fully dilluted share count of around 140 millions, so a current market cap of 504 million...
We will make about 16-20 million next Q maybe more, with expected margins to remain around 58%, so a profit of 9.3-11.6 million $$...
If we have no more bad deals like last Q, and spend about 8 millions on expenses, we could be profitable... With Q4 headed toward the 30 million $ in revenue maybe more !!
That's not even at full capacity, and they said that the 400+K KG are almost all taken by the contracts... Plus white label expected to exced that amounts by itself...
I mean are people blind or I'm just plain dumb...?
GLTA
TBM