Monday, March 13, 2017 2:29:06 PM
I don't have an attachment to the real estate business, but I understand your frustration. I got involved because of the food business and its growth prospects. The CEO seems knowledgeable about the market and the marketing hire seems top notch to me. Investing in a company with the potential to do $100mm in revenue at a market cap of only ~$6mm seems like a great proposition to me. I think post split, the stock should trade up to $30-$40. I'm assuming a 3-4% net margin on FY2018 to get to that valuation.
I am puzzled as to why it's taking so long for the reverse split to be approved. It might have something to do with what appears to be a reverse merger (and the real estate business is going to be spun off too). That said, I'm not sure why FINRA should care about that.
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM