Wednesday, June 01, 2016 5:21:58 PM
There is no signed agreement that holds in the court of law providing future revenue or operations that have a viable plan to create future revenue opportunities.
Therefore, let's calculate. $0 divided by whatever amount of shares (who cares) = $0 per share.
The only reason there is a $.0001 per share value at times is the fact that there is a minimum value for trading.
Shorts don't matter. They could clear or whatever, but the expectations of future revenue, which is what investing is about, is not there.
Now, the argument by "some" has been that there are speculators and this is penny stock land so the rules don't apply. Then why use all the fuzzy math?
The stock is just worth whatever you feel because there is nothing going on here. If you want to use math, it's plain and simple. See above. It's finance, it's accounting, clear as crystal.
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