Saturday, February 21, 2015 2:26:01 AM
shares...
http://www.otcmarkets.com/stock/WMBI/profile
OK, you think that looks excessive...
Divide an 8 million market cap by
about 50,000 shares...
http://www.otcmarkets.com/stock/OOIL/profile
Divide a 6 million market cap by
about 50,000 shares...
http://www.otcmarkets.com/stock/WNDM/profile
Divide a 4 million market cap by
about 50,000 shares...
http://www.otcmarkets.com/stock/VGLS/profile
All 3 of the above OTCQB company examples
have negative balance sheets and are posting
losses so need help paying bills...
But, there market caps are Tiny compared
to many newly qualfying OTCQB companies
that have been coming to market since 2015
started that I have been reviewing...
So $10 x 50,000 shares could look like
a steal to someone who has been following
the same type info...
The WMBI format changes so far are in line
with a company planning to attract investors
above $5/share going forward...
The odds aren't great that it will roll
out that away if you watch the same junk
come to market that most of us do...
But chit happens sometimes...LJ
disclaimer...the above 3 companies were
chosen from the daily OTC filing list...
http://www.otcmarkets.com/news/otc-financials
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