Vertical integration and economies of scale is what is key here for the high margins. 200% increase in staff coming and 6 x larger premises suggests this is the way it’s going.
If Jimmy’s post below is accurate and not even allowing for further deals then it’s only the beginning for this company;
“Quick summary from what I can see us invoicing next quarter at a minimum.
July
$468,000- Majority Ling maw and Oyster powder
August
$360,000-Ling maw from the 4.4 mill
$148,000-Ling maw to Hong Kong new customer
$33,333- Oyster powder $400k Goodhealth
$120,000- Astaxanthin oil to Japan
$58,700- Mussel powder to Europe
Total $719,700
September
$360,000-Ling maw from 4.4 mill
$33,333- Oyster powder $400k Goodhealth
Minimum total for next quarter
$1,581,366”
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4c fair value ($30M), 8c short term target ($60M), page-1037
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