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Re: stock_clerk post# 42348

Wednesday, 04/08/2015 9:17:27 AM

Wednesday, April 08, 2015 9:17:27 AM

Post# of 100711
Most OTC companies have to use stock in lieu of cash for services rendered, etc. But the difference is, when you are 'selling' it at 0.0001 stock value, you need to convert a zillion shares to cover $100,000's of dollars needed to support the company. At current prices (>0.10), any stock conversions to cover needed company activities would utilize >1,000-times less stock. If you compare 0.10/0.0001 = 1,000x higher valuation than what most other OTC's will have distributed their stock to creditors (one company that comes to mind is Creative Edge, lol). Does this make sense?