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clock Created with Sketch. 04/10/17
16:21
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Originally posted by joewolf
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I think you are correct but if its a slow grind upwards that is going to be a real hard slog and we are probably overvalued right now. $130 million for FR that has to be hard sold as the market has cheaper and more deadly alternatives. Look at smoking, you would have thought by now that lawsuits would have made it impossible to make money yet governments and the suppliers just keep on selling and settling lawsuits even fighting them. I dont think its going to be any easier here.
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You're forgetting it's not just the fact that our product is not DEADLY. But also cheap compared to competitors which is why we generated +$20mil in recurring revenue in less than 12 months from a business that did not exist.
