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Re: BluSkies post# 8892

Friday, 05/02/2014 2:13:49 AM

Friday, May 02, 2014 2:13:49 AM

Post# of 106837
"This could be a BILLION dollar opportunity". Yeah, then again, it's 2.5 cents away from zero in reality-ville. And it's got a market cap of about $11 million or less as of today, which is less than it's current debt obligations and cash deficits- meaning, you couldn't even liquidate and make whole on what's owed.

That's a tad shy of a billion "opportunity", IMO? No sales, very little cash, diluting shares by the dump truck full, 3 "employees" left, no sales or even an approved, major product to sell. Kinda a long ways from a billion, IMO. The $billion dollar company club is the stratosphere of business, a rarity among rarities. Sub 3 cent stocks, with "going concern" problems, highly diluted common stock, debt problems, little to no cash, no cash flow, no sales, etc- most, nearly always go BK, or disappear or whatever. They're not exactly the "breeding ground" where $billion dollar businesses come from. Those are just facts.

Sorry, not seeing the path to the $billion club, not even close IMO.