Hi Bernard, good day to you sir.
You are correct on point number 1.
You are a little bit incorrect on point number 2. The 200k total they owe Typenex are 2 separate tranches. It states it in the Q2 filing. It is in there, read from page 13 and continue. See how they talk about on January 16th they received a second tranche for 100K. Back to the loan terms of that loan it is stated 10 total tranches are available. The first 2 at 100K each and then 8 more at 150K each. The balance sheet shows the 200K so that would mean they accessed the first 2 tranches and as I said they even state it just that way after page 13 in the filing.
I think it is very important for the pps to increase for this company. If they did have to dilute after May 4th it would benefit the officers and the company as well as the shareholders to have the pps higher because that in turn means less shares that would be needed to be converted. I like how Nebula says it that the company needs to put out some sizzle while keeping it real. I believe that they will do just that. A stronger share price gets a lot of pressure off of the company's finances. I'm not talking pumping either. No one wants that. I want good solid factual PRs. They have that ability, very good products to showcase.
One important metric when investing is comparison to peers. I have to say VHUB is very under-valued compared to its peers. VHUB's peers have market caps of 4-5 million, some have 10-20 million. Are they financially any better? No they are not. Which in the sector are making a profit? None, at least VHUB was able to get a small profit in Q1. Are their products any better? No they are not. Are the competitors currently diluting shares? Yes many of VHUB's competitors are, but VHUB is not at this time. The very worst stock in the sector by the opinion of many is Rapid Fire. The "s" word gets used at lot with them. Their market cap is 1.9 million. VHUB right now has a market cap of 1.4 million as of close today. So the very worst stock in the sector, who not only doesn't make profit but doesn't even make revenue is valued a half million dollars more then VHUB? That does not sound correct at all. The sell off here was so steep that it created a situation where a legitimate, reporting company with revenue and profits even in Q1 is valued half a million less then what many say is a company that is very scammy (Rapid Fire). If I even compare VHUB to vapor group for instance that doesn't match up either. vapor group now has probably around 2 billion shares outstanding by my estimates. At the closing price today it puts their market cap at about 4-5 million dollars. Does vapor group make a profit? No they don't. Do they have way higher revenues? No they don't they are similar to VHUB's. Why is VHUB 1/3rd their value. This does not add up. I could keep on comparing but VHUB will be shown to be even cheaper if compared to others.
There are many metrics to look at. Fear is not a metric, but fear drove this down way too far. The risk/reward, market cap, and comparison to peers makes VHUB the cheapest and best buy in the whole sector currently. That's how I feel about it at this moment. Stocks trade to extremes both up and down and especially penny stocks. Extremes get correct however, even in penny land.
