They have a limit on what they can dilute to.
Correct me if I am wrong, but based on prior filings, it is at 300m
So we can work back the numbers, and still find a valuation above 1, in the worst case.
They did buy FIN and VIP with great revenues, and potential.
The dilution hurts the insiders as well, as they had or sold companies for the same shares we are buying at pennies.
I have no idea when this will turn, but I am holding tight and won't consider selling until it is well above 1.00.
I would rather Lise everything than give up this opportunity.
Still, I am frustrated the management isn't communicating something.
There is no reason why they can't give us some information.
The IPO is dead, so let's hear what the plan is.
We don't even need NASDAQ with this liquidity-OTC or not