That and he could have kept the share structure as is, reduce by 50% or other percentage… instead he reduced it by 90% effectively reducing his net worth in the company by 90%. I don’t know if that reduction was at .02 or .03 PPS. Regardless it seems to be the step towards long term value.
The bottom 10 publicly traded companies in cybersecurity and IT on better exchanges once traded with market cap of $100 - 500 million with annual revenues mostly in $10-70 million range, but negative annual earnings, and 200-1000 employees.
https://companiesmarketcap.com/it-security/largest-companies-by-market-cap
If Veemost is truly profitable with annual revenues even the $5-10 million range and CISCO gold… I am holding until I see that potential play out.
Hoping Melvin is working quietly to get this all set up.