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Alias Born | 03/07/2014 |
Friday, April 04, 2014 7:00:42 PM
Market caps of successful companies are based generally on multiples of sales and profitability and also underlying cash/assets on hand, etc. Not via simply issuing shares into near infinity. The concept that BHRT had a very poor (IMHO) market cap at IPO time, because the IPO was a "bust" by all commonly accepted market norms (again my opinion) and to now say it has "increased", not by share price increase, but simple via the near endless issuing of shares- well, IMO, it doesn't mean much.
If it gets someone excited or trips their trigger- then more power to um. Good luck.
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