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chromaticity

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chromaticity

Re: fatcat2 post# 1691

Tuesday, 12/05/2017 11:59:27 AM

Tuesday, December 05, 2017 11:59:27 AM

Post# of 2845
You are welcome. More to consider: Fortress (acquired by SoftBank) paid off INVT debt by $21M to exchange 70% INVT future revenue; Based on this deal, 21M/16M shares (at the time the deal made) =$1.35/share/70%= $1.98/share X30%= $0.6/share. 0.6x16M/19M(current o/s)= $0.5/share true value of the INVT shares.

Fortress is a $3.3B value company. They are not stupid to spend 21M deal with a company has no value.

Today 100M shares were picked up at .12-.14 while INVT was traded at .05-06 in past month with extremely low volume. The people who pick up today and before at .12-.14, they are not crazy, they must have a good reason to do so.

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