OTCPK:SPLID - Post by User
Comment by
LiquidOctopusV2on Nov 18, 2019 10:59pm
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Post# 30367896
RE:Best/worst case scenario for Financials
RE:Best/worst case scenario for FinancialsDustin, my thought process is a little different. I think they're going to have about $2 million less in expenses with an increased in revenue - though, not dramaticaly. It's coming along really well. I think with all the new brands they've brought on board and with more to come, they're going to take it to the mat with the Q2 2020 financials. I believe they'll break even, or slightly better.
DustinF wrote: What are your thoughts? Mine are
Best case: they can classify for the NCV with atleast $7.5m with reduced net loss to $7-8M. I think this is very doable. it's only a 10% increase in revs with a 15% decrease in losses, much of which was previously due to one time write offs.
Worst case: $6.7m, with effects from the recent vape concerns/california licensing reevaluations. With a news release of increase share distribution at .12-.15c.