Netcapital Inc (NCPL)

[The Rainmaker]

The hidden value here comes from the 12 companies they own a piece of but wont show up as assets until those 12 companies do audits or become publicly traded.

When the Company acquires equity in another entity in exchange for consulting services, the Company only recognizes consulting revenues on its income statement and the cost of the investment on its balance sheet in instances where the value of the early-stage company can be determined through publicly available evidence such as audited financial statements or a market value on a trading platform.