Just with regards to what Glyco has said, I was going through GMV's announcements and I understand below are GMV's orders / contract pricing:
1.) 4.05 million units for Silverlake (priced at $135 per unit) = $546.75 mil over 5 years
2.) $5 mil committed and announced under JV with GIBF
3.) $67.5 mil purchase order MOU Signing for China Distribution upon CFDA approval
4.) $10.5 mil 2018 initial commitment for smartphone cases (Greece and Cyprus)
Adding all these up, I am getting total contract price of approximately $630 mil. I'm not sure where Glyco is getting the $800 million minimum from.
Could you please explain this?
Also if we are to look at 2018, the total value of contracts would approximately be: $135*105,000+5 mil + 67.5 mil + 10.5 mil = $92.175 mil.
With the current market cap of $122 mil, I'm questioning if those contract values have already been taken into account?
GMV Price at posting:
42.5¢ Sentiment: Buy Disclosure: Held