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Sorry, people have been saying 'a few days now' for weeks. Next year is realistic.
What sort of liability do you mean? Twitter posts really carry no such liability.
I don't know what 'confirmed' means to you, but in my world a tweet doesn't count as confirmation.
I expect we'll be current by early next year. No need to get impatient.
Exactly. People seem mystified as to why it is trading at current levels, rather than pennies or dimes or even dollars. But the reason is precisely what you said - all we have now are rumors.
It doesn't matter how much DD you do or how 'big' you think; the math just doesn't add up for outrageous claims like $50 PPS.
Even $4 seems way out in fantasy land. Even $1 would be quite amazing.
It would have to be a *massive* share reduction - i.e., over 90% of shares bought back. That's not realistic, unless you are talking about an R/S.
$50 is definitely irrational. That would give it a market cap of over 300 billion, which would make it the 7th most valuable company in the world. There's definitely no DD that would support that kind of valuation. $100 pps would make it the most valuable company on the planet. Let's try to keep our feet on planet earth here.
What is even more sick is that some people only think that BVTK is capable of 0.25 in the short term ... I don't know which is worse.
Because TOM is in charge! In fact, I think 0.25 is too low ...
Every prediction I have ever seen on this board of the form '0.0075 today!' 'pennies today!' etc., has turned out to be wrong. Why should it be different today? Why do you think everyone's track record here is so bad?
I can tell that the answer is no, because everyone is saying yes.
Sorry, but this will behave like pretty much every other RS behaves. In a few months your shares will be worth a tiny fraction of what they are now. That's just being realistic.
ah ok, that's what I suspected.
You do understand the difference in share structures, right?
So they have zero cost of business, and everyone is working on zero salary? That's quite a company.
Wow, they don't exactly seem like the sharpest tools in the shed.
You do realize that the 'E' in EPS stands for earnings, not revenue, right?
Sorry, there is nothing in the CV that indicates that Tom has led a turn around in any company ever.
Nice CV, but practical experience is what matters. All sorts of things are easy in theory but hard in practice.
Sorry, having a PhD in chemistry doesn't mean you can run a company. It's clear he's having problem with finances based on all the toxic debt he's taken on, and so an R/S is inevitable. I don't see how the fact that he knows the periodic table really well changes this.
I'd rather focus on facts than conjectures.
Everyone says 'no' to an RS right before an RS happens.
That's not consistent with what Tom told me. Lately, he seems to be acknowledging that an RS may be needed.
After a R/S?
Without a R/S that would give a valuation in the 10s of billions. That's not even vaguely realistic.
Probably about 0.002
The company has basically no revenue or contracts, but you think a multi billion dollar market cap is realistic?
Most people here aren't a fan of doing actual math and comparing results with reality, so I don't expect your message will go down well. I don't even think most people here know what a market cap is.
Your question is basically 'when will a company like this have a 7-8 billion dollar market cap?'
The answer, of course, is likely not for many years. (Let's be realistic here - revenues are still low and no new contracts have yet materialized.) And of course, if there's a reverse split in the process, then current investors will get hosed.
No, you should have bought at 0.0001 like me
Even at present prices there simply isn't the cash on hand to purchase back shares. That's just basic math.
No, it will not touch a dollar. That would give it 7 billion dollar market cap - that's not even vaguely within the realm of possibility for a very long time at least.
This is not going to be a multi-billion company with a year. At least try to be realistic, please.
At $1 a share the company would be worth 7 billion dollars. You realize that that would be utterly ridiculous in anything but the very long term, right?
The information on otc markets is definitely out of date, and the outstanding shares have definitely increased. Not sure why you are trying to fight facts here.
And is that opinion based on anything? Or are you just pumping?
You do realize that at that valuation, the company would have a market cap almost as big as AAPL itself, right?
This company needs a little more than just exposure for the technology in general, lol.