OTCPK:CADMF - Post by User
Comment by
dart321on Oct 22, 2019 2:00pm
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Post# 30255557
RE:RE:Something else
RE:RE:Something elseIt's not about moving down the food chain it's about sales and being cash flow positive with strong financials. Three consecutive quarters of sales growth and reduction of losses is needed in financials for institutional buying. They reported 3.9 mil in sales in the third q of last year we are about to get year end and fourth q financials then one month later we get first q financials of the 2019/2020. These are my number based on my research and their news releases. I see around 6 mill for the year ending q and 10 to 12 mil for the first q ( July/Sept ) as they roll in the GSRX sales. Now if we project sales for the full year 2020 and add just 50% of their past growth rate we see we are at present trading at less than 0.5 times future sales if my numbers are correct, when all the other pot stocks with q over q sales growth are trading at around 10 times sales. So all BS aside the next two financials will tell us the truth.