Sunday, October 19, 2014 4:08:03 PM
For example, CONSIDER and determine WHY the market cap on NBRI is lower now while their list of assets are greater and they've accomplished a lot of development work:
NBRI 10-K fiscal year ended December 31, 2010
.. 83,975,748 shares issued as of March 15, 2011
.. pps at time of 10-K release ranged 0.04 to 0.05
THAT WAS a Market Cap of $3.36 MILLION to $4.2 MILLION
Today about 330 Million shares issued
pps today 0.0008
THAT IS a Market Cap of $264,000
Is it reasonable that NBRI is only worth $264,000 today?
I think it is worth much more.
“Quoting an old proverb: 'An empty cart rattles loudly.' she said. meaning, One who lacks substance boasts loudest.”
... Alan Brennert, Honolulu
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