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Bullboard - Stock Discussion Forum Carbeeza Inc Com V.HIT

Hit Technologies Inc develops, manufactures, and sells accessories for mobile devices for iPhones in Canada, the United States, and internationally. The firm is engaged in designing, manufacturing, and distribution of the company's suite of HITCASE products, professional lens and mounting systems for iPhone. Its product portfolio includes Hitcase PRO, a rugged, waterproof, and mountable case... see more

TSXV:HIT - Post Discussion

Carbeeza Inc Com > 120 Million shares traded past 3 days
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Post by Power4Play on Jan 26, 2018 5:06pm

120 Million shares traded past 3 days

Very nice consolidation and accumulation is happening! 

120 Million shares traded, considering insiders own 20M+ shares leaving just over 50 Million floating shares, so quite good we should lift soon enough! Throw it a couple good news release and we are 20c to 30c fast enough IMO for a rough 15 to 22M$ market cap. Truly believe what we experiencing now is the company’s birth and all this going to take life, and fast. Once large orders and productions are set up, this might get hotter and hotter and the market cap should get closer to a more realistic value compared to its private competitors. 

For instance, let say 15 cases and accessories for a gross rounded 100$USD per units, per Best Buy store, per month. 15x100x1500x12 months equals 27M$usd or 34M$cad.

On massive production, and I will be very conservative, it’s a 50% net profits so 17M$ yearly. Price per earning ratio of 10 to be also very conservative puts it to 170M$ market cap. Divided per 75M shares 2,27$/share. On Best Buy deal alone. add many other large retailers and couple this increasing sells per store and better % net profits, then this might go to a more respected market cap well above that. My DD says Lifeproof would have a 2,5B$usd valuation so 25%+ of this might be achievable with our partners in place.
Comment by 21salming on Jan 26, 2018 5:16pm
I think a cool commercial on a major network would propel the s/p to the Mesosphere. GLTA.
Comment by Power4Play on Jan 26, 2018 5:23pm
As soon as the market is aware than large orders, loan/PP/debentures/Bought deal, mass production and other retailers are dealt, you bet we are up for quite an impressive appreciation into market cap, a huuuuge one. On all those milestones market will react massively... we haven’t a market cap of 6M$ yet..... ROFL this is crazy, the guys have all their products designed! And patents! Glta
Comment by 21salming on Jan 26, 2018 5:38pm
I was just wondering about the 50% net profit. Would I be correct in assuming the all in cost to make product is $50 to $60 range. Thanks. GLTA.
Comment by Jake1922 on Jan 26, 2018 9:47pm
People please.... I am about as bullish as you can be on this company but lets not get carried away. Ive been here through the lean times for the last 18 months. First of all, all those rough calculations around store sales, STOP. This listing doesnt have hitcase on store shelves, just listed online. We dont have any MONEY, so they can be listed all they want, but if nobody knows about them then ...more  
Comment by stepbystep on Jan 27, 2018 6:56am
- ( Jake1922 ) Online sales are the future .... very very expensive .... Look (Sears) did not follow online      sales and went bankrupt. - The future is for Hitcase .
Comment by stepbystep on Jan 27, 2018 7:02am
- Profitable ...not ( expensive)....excuse my error..
Comment by Jake1922 on Jan 27, 2018 8:34am
Step, I don't disagree that online is the future. But I would say that right now a larger percentage of phones are being sold at brick and mortar stores, which if you look at Best Buy, have a WALL of other products, Hitcase is just another player in a very crowded space, yes they have differentiating product but its a variation, not industry disruption. We still need marketing do we not? Who ...more  
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