False.
Market capitalization is simply the value you get when you multiply all the outstanding shares of a stock by the price of a single share. Fittingly,
Dummies.com also provides a great reminder as it relates to this notion:
https://www.dummies.com/personal-finance/investing/how-market-capitalization-affects-stock-value/ In terms of MLHC, numerous factors include:
- an Accumulated Deficit of
$24,912,467 -
negative working capital -
negative cash flows from operations - a
NET INCOME LOSS of
$1,332,800 - a CEO with a long history of financial negligence
-
UNAUDITED filings
https://backend.otcmarkets.com/otcapi/company/financial-report/211618/content With a current market cap of $1,878,198, MLHC is extremely overvalued at the current PPS of just .0003.
https://www.otcmarkets.com/stock/MLHC/security $MLHC