your logic is correct, but then how do you take into account that the price is currently around .14. Markets are too difficult to predict, although I agree that $7.76 is a joke.
Also $7.76 at the current OS would result in a 2.5 billion dollar market cap. Ridiculous.
Disclaimer: all my posts are my opinion
1,000,000 - 2,300,000 - 4,000,000