Eat Well Investment Group Inc EWGFF

2021 financial forcast

[jermiah777]

Here is what the company has projected for 2021. And the CEO Marc has again recently confirmed. I will quote it: the Company is forecasting $60,000,000 in revenue, $15,000,000 in gross profit, and $9,000,000 in EBITDA in 2021; with a long-term ambition of building a leading vertically integrated global plant-based foods platform. If this turns out to be true, the share price should be over a dollar

[PlayaDC2012]

I've been steadily adding. Firm believer that patience will reward here.

[jermiah777]

I agree. And the confidence yhat the CEO has and the insiders supports this. They are convinced that the upside is huge. Those numbers of 60 million revenue were first stated last August. With 2/3 of the year already over, they could easily project the last 4 months. And they stated 15 million gross profit. And now about 10 days ago the CEO again reiterates the 60 million. But adds that the

[jermiah777]

Just bought some more today. I have bought at 52 cents. Then 44 cents then 43 cents and today at 41 cents. My average price is 46.5 cents. So it's extremely hard to predict the bottom. But companies that have made 60 million in 2021 with 9 million in earnings and that are growing by perhaps as much as 70% annually DEFINITELY have a bottom. Where the bottom is....who knows but it is likely

[PlayaDC2012]

Incredibly discounted.