Wednesday, June 21, 2017 5:17:57 PM
The % we own over Cyrcadia is irrelevant at this point. This will be relevant when Cyrcadia starts having revenues from sales.
The important thing is to know the latest price at which Cyrcadia has raised money from private investors.
- Considering that was $1/share the price should rise to $0.004
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- LLBO shares issued and outstanding: 3,138,880,967
- LLBO current market value = 3,138,880,967 * $0.0035 = $10,986,083
- LLBO owns now 12,670,000 shares of Cyrcadia
- LLBO real market value should be = 12,670,000 * $1 = $12,670,000
- 3,138,880,967 * 0.004036470365 = $12,670,000
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- If it's $2.50/share as expected after FDA approval, the price should rise to $0.01
- If we use a common start-up multiple of x10 the price should rise to $0.10
- If Cyrcadia sells the 500,000 iTbra pre-orders they claim to have for 2017 (watch the video below), the market value of Cyrcadia should be nearly $2B and assuming a 40% stake of LLBO ($800M), the price should rise to $0,26
Disclaimer: This information is only my opinion and should not be considered as an advice or a recommendation to investors or potential investors in relation to holding, purchasing or selling securities or other financial products or instruments.
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