InvestorsHub Logo
Followers 373
Posts 16790
Boards Moderated 3
Alias Born 03/07/2014

Re: None

Sunday, 01/25/2015 12:53:55 PM

Sunday, January 25, 2015 12:53:55 PM

Post# of 92948
Quote: "Certainly worth 5 billion."???

Presently, the free market says it's worth about $6 a share with a total market cap of about $209 MILLION (not BILLION by a long shot) - and that's with about $7 million cash left as of their prior, now 3 month old financials and barely positive shareholder equity then of about $720K.

They have not attracted any large, non-diltive or similar financing that would value them anywhere near even $1 billion and are relying on a pretty low end lender to OTC companies known as "Lincoln" for essentially month to month survival cash, done purely via 100% dilutive methods.

No, $5 billion "worth" or "value" being placed on this company anywhere to be found or seen? Where?

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.