RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:love the chart
while I never rule things out and given the massive amounts of outstanding shares it is easy to come to the conclusion there will be a consolidation reverse split. But here is the thing shares alone doesnt automatically mean a consolidation. There are companies like Enbridge that have 1 billion plus outstanding shares but they are in energy and make what's that revenue oh that's right that is a key factor as well. If we are to believe management about making a very measly 1 percent in each vertical then what's that well the EV alone worldwide is 800 billion and growing so what is 1 percent of that? 8 billion??? I think my math is right lol. So are you telling me in knowing this on one vertical at a very measly 1 percent of the market which is 8 billion that this company needs to consolidate? The company can get to 1 billion outstandings and still do quite well on 8 billion in revenue however long it takes to receive all that and that is only one vertical. You have the charging wall and charging stations too...I dont believe the EV market of 800 billion included anything but cars and if that is the case you still have the RV which was about 100 million was it I forget possibly more plus the light electric vehicles like scooter bikes the three wheel thing which I am not super keen on and anything else. Now while i said that the company can theoretically dilute to a billion and still be fine...why? The dilution that has taken place was to get the company to where it is now and there is no real good reason left to blow up the shares as much as they have been especially with the type of presales numbers coming from Daymak the contracts like that of Ecoville in around the Squamish Whistler area. I am by far not saying dilution will end no not yet but the company has done the main and heavy lifting no reason I would think that there will be any heavy dilution left now not like what we seen 150 million or thereabouts from my recollection to 402 million that is a lot but having said this I still place fair market at $1.25 right now based on a 500 million assessment by opinion and I am a lay person but you see Daymaks presales remember I calculated a bet 7.5 percent or thereabouts based on the blended gross. So roughly if we look at the 8 billion gross the net would be about 640 million. So if that is the case let's say 1 billion shares that is .64 plus then being net better than EBITDA positive which I would multiply by 2 to 4 times, with bet profit 20 times is middle you are looking at $12 plus share value but that will take some time and doing. Let's see where things go though. The whole point is I dont see a need for consolidation at this point and that the value can still be fairly good despite the existing share count not to mention even if this company diluted to a billion with the numbers that it can pull at a measly 1 percent on one vertical I wouldn't worry. And even if it did consolidate and you are making monies who cares. Right now the shares are way too cheap smart money is buying in my opinion but again I am a lay person who finds things very attractive here and know you can score a double and more in the near to mid term which I classify as up to a year and a half...mid to me is 1.5 years short is 6months beyond 2 is long. So 6 months to a year I call short 1 year to 2 mid and 2 plus long term. I plan my moves looking at all three time frames but currently when trying to fulfill promises I was holding for targetted prices I am no longer doing that but having said that I am still after a buck plus for this one and given I held this long already under a year I may as well wait before I move any shares. If possible I may buy under a quarter when it moves and it will I will just hold and assess if I buy or buy something else. In any case, I wouldnt worry about things either way the stock is inevitably going way up and rightly so whether it is at what I call my fair value or not doesnt matter this is currently a great buy with overwhelming upside meaning trajectory strength not price near 100 percent probability. I will put a very low probability as no which is if 0 products out 0 sales etc....I put that as close to 0 as you get but you still have performance acceptance and diffusion which we will have to wait and see what the reviews are and if really good we will see strong sales but again for under a quarter well worth the gamble as the sating goes far greater upside than not.