Was very good
As an investor we have to look at the key financials. They don't all look really great. Take for instance the management effectiveness.
Return on Assets (ttm): -84.08%
Return on Equity (ttm): -2,736.74%
Don't misunderstand me. I love this stock. Bought it at $0.30 so i've doubled my money! And want to double it again, but i need to get a feel for where this price will level off, or reverse. In order to do that, since it's OTC, we have to do a lot of DD and calculate a fair valuation. "Cramer, where are you on this one?"
77 million shares outstanding. at todays price per share, that makes this a 46 million dollar co.
considering that it has several subsidiary companies, and is getting into the financing market... i think that's fair, but not sure how much higher it can go... i will hold for a buck. in no hurry. already doubled my ching.
does anybody know how much total revenue the companies have collectively brought in the first quarter of '14?
many wary investors are still on the fence because they don't think that enough testing has been done with the CBD. I want to have as many shares as i can accumulate by the time the testing is done.