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Re: BigJuan post# 62643

Monday, 05/25/2015 10:06:41 AM

Monday, May 25, 2015 10:06:41 AM

Post# of 70041
The market cap is the biggest problem with this stock. Because it is always so low the outstanding share count is blown out anytime conversions are done. That is why the outstanding share count has gone up 900% in 4 months just to raise $90,000. If the market cap were in the $2 million range like it should have been after the Whole Foods announcement then they could have raised the same $90,000 with only 50% dilution instead of 900% dilution during the same period.

The debt they have isn't anything unusual on the otcbb and yet most of those companies are trading 10x to 20x higher than this one. It wouldn't have taken a 900% increase in outstanding shares just to raise $90,000 if the valuation/market cap were more in line with other stocks on the otcbb.

That is on the company for doing little to nothing to market their stock properly. Most companies with a product and no revenues are trading far higher than this one. The market typically looks ahead. A sub $100,000 for a company with an actual product is almost unheard of.

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