Saturday, September 09, 2017 10:02:46 PM
"Market capitalization refers the total dollar market value of a company's outstanding shares. Commonly referred to as "market cap," it is calculated by multiplying a company's shares outstanding by the current market price of one share."
Without going back maybe I used the wrong term for the right number. Yep at .30 the Market cap would be a hefty $450,000,000 - damn big number IMHO.
My question is what are they putting in it and what are those pieces worth - usually that would be known a bit sooner to warrant current value I think.
Just another thought - anybody have any idea what it will take to get acceptable audits done on all the possible China based private (I assume but ??) companies that might make up these holding companies that we are suggesting are the merger/acquisition targets of the shell? As a long a go auditor I'm just thinking out loud...hope some one has been through this kind of exercise and can enlighten us. I watch some of the one off situations with recent penny mergers and it can be tough and expensive and time consuming it seems.
zagdad
FEATURED Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • Sep 24, 2024 8:50 AM
FEATURED Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • Sep 24, 2024 8:45 AM
Avant Technologies Accelerates Creation of AI-Powered Platform to Revolutionize Patient Care • AVAI • Sep 24, 2024 8:00 AM
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