The deal that is fueling NCAP's run.
On February 29, 2016, Northsight Capital entered into a joint venture agreement with Tumbleweed Holdings, Inc. (“DCDC”), pursuant to which a newly formed joint venture company is developing an online dating service around the URL, www.jointlovers.com. Northsight and DCDC own 60% and 40%, respectively of the equity and future earnings of the joint venture company.
If NCAP is trading at .185 and owns 60% of the profit from the "jointlovers" website what should DCDC be selling for?
Right now DCDC is at one cent bid.
Forty percent of .185 is .074.
I feel that there is an upside for DCDC shares here somewhere.
