actually it was less than that, if I recall around 140 Mill a year ago and a price of half a cent (.005). Do the math, thats about 5% of the share count now (140/2630 in millions), so a price of .00025 (5% of .005) would be equivalent price now. Close to no change in company valuation.
But you are right the price was much higher 13 months ago and beyond, which means there has been value lost from that point going back in time, but, a quadruple of the price from where it is now would even that out as well, which is very viable in the near to mid-term future in my opinion.
The 17 cents you refer to was probably over-valued at the time for a company barely having revenues and with a lot of conversions on the table to come at that time. The 2 - 4 cent range is probably a more reasonable point to start doing your comparisons.
Make sense? Does it make you feel any better or do you feel worse? LOL happy friday!
