Thursday, December 18, 2014 10:19:46 AM
I think that the point is missed.. If there are 1.5 Billion shares outstanding,, at a penny this company is way overpriced.. On a going basis valuation at $0.001 the company is still overpriced by 35%..
No I am not waiting for a buyout but I bet the converters are.. Shares outstanding and the conversion of the President's preferred stock equal 1.% Billion shares so the number if you take in the debt left that is convertible brings the total shares outstanding at the time if the company if sold to be 3.2 Billion.. I don't believe that management is presenting the entire picture here and any valu on the fully diluted shares outstanding should not exceed $0.0003 if sold at the best of conditions.. The MJ play is OK if you realize that most MJ stocks are valued at less than 7% of their highs and the market seems to have spoken as to their value..
Last year there were much Hupla made over the donations to Print-a Cause.. I wonder if the goal of $1,000,000.00 was ever made.. It's sad when a company would use the sick and maimed to pump their stock..
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