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Re: UndergroundTrader post# 3705

Tuesday, 04/08/2014 12:03:42 PM

Tuesday, April 08, 2014 12:03:42 PM

Post# of 21158
Now we're trying to put a price on the IP which is a different ball game. Currently valued at almost $15M, I think thats a little too pricy until they get patents approved which will still be about a year and a half from now. I understand they need to fund operations and I'm ok with that, I'm just worried that after the next SEC filing we're going to see a jump from roughly 300M shares outstanding to 500M shares outstanding. Even at the current market cap that would make share prices go from currently .049 to .029 just based on dilution. Again, this is on a PR day where the price is up. In two weeks when they stop running out of fluff to release, how low does it go then? I hope there isn't any dilution but its hard to believe they didn't fund up during this pump.
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