Taronis Technologies Inc (fka TRNX)

[mrfence]

It's all relative to the $MNGA~ market cap which is currently under 20mil with or without RS. An RS does not change the market cap so if the primary reason to RS is to allow the issue to remain Nasdaq listed while expanding, and improving company value via franchise subsidiary acquisition then it's a screaming buy due to the depressed pps, and market cap resulting from the markets RS phobia sentiment. Many RS's are not good because the result is continued dilution however the company has profitable revenue with a plan for a larger AS count allowing for acquisitions with shares that immediately add value to all shares involved along with the market cap valuation. Do you believe a profitable welding supply subsidiary with 4mil annual revenues growing 20% Q over Q under a parent company with a multitude of patents, and mounds of R&D with established inroads into waste management, and on the edge of entering clean coal is not worth more than 20 million? The company has no debt, and is extremely undervalued right now. This is not your average RS. It's one of the good ones that make positive difference. Think of it as an IPO if that helps because it's happening for the same reasons so if it does happen, expect to see acquisitions follow almost immediately