Hi Smokedog, You're quire correct about the .033c on the last...

Hi Smokedog,

You're quire correct about the .033c on the last spike. It will all depend on the quality of the announcement and who CIL manages to sign on board with and whether there is more than one agreement signed and potential revenue from the deals. So i was definitely being conservative on my .03c price target.

With the recent independent research valuing the company at .027c per share on revenue as at 4/5/17 , the Company is definitely undervalued even without these lucrative Medicinal Cannabis deals that could increase potential revenue 10 fold.

Company appears to be consolidating and moving forward with a range of quality businesses now.

The increase in advisory fees in the last 12 months is impressive and the new businesses 20FOUR and the SynGas businesses both look impressive at this early stage of development.

•   Revenues for 12 months to 31 December 2016 $4.2 million
•   Advisory fees earned $2.74 million – 218.6% increase on previous year
•   Net Profit After Tax $1.858 million
•   Net Tangible Asset value $11.006 million – 105.14% increase on previous year
•   Net Tangible Asset backing per share 3.67c per share – 2.8 times current share price
•   Investment portfolio Fair Market Value $14.807m – 82.24% increase on capital invested.
  
• "The Company’s adherence to its investment philosophy sees it well placed to deliver substantial capital upside for the half year to 30 June 2017, and beyond.
  This will be supported by significant developments with its 20FOUR Media Holdings and Syn Dynamics investments, including positioning these investments for ASX listing, and a discontinuance of indirect holdings in line with the Company’s focus on ‘active’, direct investments."

"Syn Dynamics Australia Pty Ltd – 80% Chapmans Opportunities.

Syn Dynamics Australia Pty Ltd (SDA) has developed and patented a breakthrough, next generation plasma gasification technology with significant application in the global hazardous waste remediation and renewable energy industries.
It converts a wide range of carbon-based waste material into synthetic gas – ‘syngas’. Syngas is a global commodity with a wide range of uses including various forms of renewable energy and as a fuel or feedstock for chemical manufacturers.
The technology has been developed over a 10 year period and solves the issues of chronic storage and insurance costs for hazardous and toxic waste generating heavy industries, while addressing large balance sheet liabilities associated with environmental and public health risks for large waste producers such as oil refineries, petrochemical manufacturers, mining, metals and pharmaceutical companies.
Compared to other clean tech or brown-to-green technologies, SDA’s technology has breakthrough cost, performance and implementation advantages presenting mass scale adoption opportunities in huge addressable global markets.
SDA is currently conducting a 12 month R&D and Commercialisation Project with CSIRO, and has also entered into a term sheet for its first commercial scale transaction, a 50:50 joint venture with a leading Asia Pacific based corporate with significant operations in the resources, energy and environmental services sectors. SDA and its JV partner plan to install and operate the first commercial plant within the next 12 months before expanding activities throughout the Asia Pacific region."

Syn Dynamics has huge revenue potential, but may take a few years to really take off.

Then there's 20FOUR which again has enormous potential in Australia and globally.

"20FOUR Media Holdings (20FOUR) is a mobile digital media business established to capitalize on the global market opportunity in sports media content required for the burgeoning mobile sports fan audience markets, increasingly funded by big brand sponsorship dollars. Through it’s 20FOUR branded mobile App and online platform, 20FOUR allows fans to keep up with their favourite sport stars and access exclusive content free of charge including personal stories and insights, master classes and one-on-one interaction.
The business caters to the rapidly evolving market in which the personal profiles of athletes have significant commercial value, and delivers this asset to market in a way that encourages big brands and media agencies to allocate marketing spend. The model directly solves issues for players around monetizing their values outside of salary cap restrictions and hazardous social media platforms.
The company’s business model is based on the traditional media pillars of selling audience reach to big brands with key new media differentiators of:
• Smarter commercial model - Paying much less for exclusive media assets than broadcasters by acquiring sports star mobile and social media rights as opposed to mainstream broadcast rights for games
• Captures larger audiences - Leverages larger, more measurable and engaged audiences than free to air and subscription TV audiences
• New and exclusive content channels - Exclusive athlete generated content plus exclusive sponsored content publishing the off-field stories and journeys of professional athletes
20FOUR is a highly scalable business with an exceptional executive team and board consisting of proven experts in sports and social media sales, marketing and production combined with global talent management.
The business is preparing to launch in Q2 2017 and has plans for an ASX listing."