Aleafia Health Inc ALEAF

RE:VentureSeed

[Toweringmars]

Toweringmars wrote:

I think they may have deleted your account as I cannot reply to your message. So I figured I'd post it here.

"I mean we have 271.95m shares outstanding, that coupled with 51m in the bank and 32m or so in restricted capital I believe.

So based on our cash position alone that equates to roughly 0.305 per share. It all really depends on how/what they do with the harvest, we did around 5m in sales last Q with just the indoor facilities and oil, Q1 2020 I'm hoping for around $10m in sales with the white label and cannapacific sales. With sales improving QoQ if Oneplant gets more of their stores up and running. At that rate we see an annualized run of 40m which is like 0.147 per share, or 0.036 per Q EPS. That should flag the market that this company is getting things right, beyond all doubt.

 

Looking at last year we grew 10,300kg in phase 1 and 2. If they get the expansion added in (which they have yet to even announce that they completed the build out they said would be done over the winter) they project 102,000kg or 1,200kg per acre. Even if we're conservative (as they blew their estimation out of the water last year saying they'd have 60,000kg and did 1/6th of it) lets assume that they can bring that average to 1/2 projected and actually grow 51,000kg. I would imagine they'd earmark most of it for extraction, but I'm sure that depends on how much inventory they're sitting on and the sell-through. So lets say they sell half of it B2B at wholesale prices of $2 per gram (I see wholesale going down as more players enter the outdoor market), thats still 25,500kg X $2.00 = 51m in sales. Adding my projected 40m we're looking at 91m in sales annually. That makes us MORE than profitable, and (assuming we dont need to finance any more and keep the share based compensation to a minimum (dont get me started on that waste of options)) thats 91,000,000 / 271,950,000 = 0.334 EPS. Thats massive for a penny stock with a market cap where it sits. Even at a conservative muliple of 5x earnings we're looking at a market cap of 455m. We're currently trading at 163.3m and a share price of 0.59. Thats roughly x2.78 on todays share price. If we can pull that off we're looking at an sp of $1.64."

And none of that even factors in enterprise value of the assets we have or what we can achieve white labelling for other LP's or extracting for them.

 

Really? No-one wants to discuss some napkin math? We're going to continue the board-cluttering game? Let the idiots talk on the wrong board and try their doom-gloom tactics. Anyone with half a brain can see we are not Cantrust. No-need to feed the trolls. We went from several posters who actualy provided good content to read, and then the company goes silent and suddenly its all spacesuit talk and off-topic nonsense. A hot mess if you will. We went from one of the top 5 visited cannabis sites to silence and jargon. Poor Aleafia. We did you dirty.