InvestorsHub Logo
Followers 117
Posts 9710
Boards Moderated 0
Alias Born 11/20/2013

Re: StockJesus post# 29136

Friday, 04/11/2014 8:14:56 PM

Friday, April 11, 2014 8:14:56 PM

Post# of 39962

The share structure really doesn't mean much because it will always be proportional to the share price. It's really the same logic as a stock split in either direction. On 2/10 when the float was changed to 4.5B, the share price closed at .0056. Today, I estimated that 18-20B shares of the 30B Reg 1-A filing have been sold. Let's say 20.5B, plus the current 4.5B float for a new combined (yet not updated) float of 25B. This is 5.55 times more stock in the float than there was on Feb 10th. Divide the closing stock price of that day and you get roughly .001.

We are trading well below that at .0003 today. This factors in the fear that more shares are being sold into the open market (which they are) and the fear that this company is not legit, because they have yet to give a PR of substance leading anyone to believe their claims are legit (they may or may not be).

Couple that with the fact that for every 10B shares that get added to the float STBV retains $1,000,000 of cash, I would now consider this stock slightly undersold based on all of the information we have today.



Here's your first member mark for this post. I'm basically on the same page at this point (except for the rationale in regards to the SS). So, I'm going to put my capital in other stock plays until I see something of substance or until the dilution has been completed.