GREY:EPWCF - Post by User
Post by
inviolablspiriton Dec 03, 2020 11:06pm
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Post# 32034808
CBDT
CBDTWhen CBDT does hit those 4000 tests per day, that will bring some nice revenue in for the company. 4000 test/day @ $100/test x 30 days, as Steve did mention they are working 7 days/week to serve customers = $12 000 000/month or $144 000 000/year. Expand capacity, aquire additional labs, add in their telemedicine, clinics, psilocybin and Steve's vision of this company being a multi billion dollar company may come fruition. If anyone has a reason to see this company succeed it's Steve, as he is the largest individual investor in the company.
A market cap of 144 million = $0.63 and that's only at 1x earnings.
Part of Steve's expertise is finding companies trading at 1-1.5x earnings and turning them into 10x+ earnings companies. He's already on his way in doing that with Kai Labs and ultimately with Empower.