RE:Investor Day Presentation The Investor presentation is definitely worth a look. The IP was prepared based on data available on May 31. I think the financial info on page 19 is worth paying attention to. For instance, here's a simple number. They present their 2019 revenue projection as $49.8 million. Admittedly, they say this is based on average analyst estimates, and not their own number, but still they present it in their deck so I presume they dont think it's crazy. OK, so let's assume $50 million in 2019 is about right. Someone can correct me if I'm getting something wrong here, but here's what I'm thinking: in the first 6 months of 2019 revenue was $11 million: 2.2 in the first quarter and 8.8 in the second quarter (which was almost a 300% increase from Q1 to Q2). So in order to hit $50 million in the next 6 months, that means they need to pull in an additonal 39 million by the end of the year. Assuming they're more or less operating at capacity now at 230 Carion, we can expect revenue in Q3 and Q4 to be about equal, so that means they need to pull in another 20 million by the end of Q3. That means a jump from 8.8 million in Q2 to 20 million in Q3, an increase of 11 million over Q2 which is a 128% increase, following the 300% increase in revenue frm Q1 to Q2. The story just gets better in 2020 and 2021 with revenues projected to be 161 and 212 million. I wonder what the corresponding stock price will be at the end of 2021 when revenues will be 4X what they are in 2019? i dont know, but I'm sticking around to find out. Two years from now it could be Freedom 54, and thank you Valens!
JW1985 wrote: Anyone see the investor day presentation on the website? Some new slides that are interesting. 50+ white label agreements being negotiated? Interesting timelines too. Still think the real value will be this time next year but exciting goals for the future.