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Monday, January 26, 2015 1:09:51 PM
That is what Abattis Bioceuticals is a Tech Company , as a result it should be valued based on future earnings and for me there is no doubt in my mind future revenues will be much larger than 25 million per year. The stock is valued at a fraction of what the future value of its IP should be worth, not to mention the cash on the balance sheet.
I know were long..... but I have seen stocks on the major exchanges with balance sheets that were much worse than Abattis's valued much higher than 250 million mkt. cap.......
Therefore $2.75 IMO never was out of the question nor should it be.
Long
ATTBF
Shark
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