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Re: Major_Bankz post# 32161

Wednesday, 07/22/2015 8:48:44 AM

Wednesday, July 22, 2015 8:48:44 AM

Post# of 75190
Why would you put that type of valuation ($0.25-$0.30) on a stock with a meager $739 in sales (at a loss after cost of sales) for the most recent quarter??

At the current stock price (~$0.0032), the Enterprise Value based on 357 million shares O/S comes to about $2.4 million - generous even when factoring in an optimistic $1 million in sales by year end. At the insane price of $0.25 to $0.30, and assuming the O/S stays flat, the Enterprise Value would jump to $90-$108 million - clearly the stock cannot be valued anywhere near that range.

Further to the point, the most recent flurry of activity which saw a churn of several hundred million shares over a period of just a couple weeks, could not even budge the stock price to sustain over $0.01/share - what makes one think that the company could generate enough activity to push it beyond that range? - the activity would need to be 25-30 times this most recent impressive volume to begin to attain that kind of valuation.
Volume:
Day Range:
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Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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