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Re: Phin post# 62217

Monday, 04/06/2015 7:23:55 PM

Monday, April 06, 2015 7:23:55 PM

Post# of 87250
The management doesn't adjust to the OTC as I said before.

However, they are working on the financing so far successfully...thus bankruptsy is not expected unless the distribution network or sales collapse....but hey, they so far have been expanding and will continue to do so as long as they can provide the product.

Just some silly calculation: Even if 2015 revenue stagnates at 80M, and even if we assume a market cap of just twice that annual revenue at 160M and even if dilution continues by another 60% until 100M shares are OS.....then that would still reflect a PS of $1.6.
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