Panda, 50 cents is out of the question, and so is 10 cents. Even 5 in the short term.
All IMO.
I think we could easily see a penny again, and maybe 2 or 3. But good things need to happen.
Again, owning 18.3% or Regen is what we have, including 70% of the voting right, but it's all Koos anyway basically, so I don't even count that.
Lets say we get approval, and Regen goes to $1.50 (easily possible, and much higher IMO). Puts Regen's value at $168mm roughly.
18.3% of that, based on 4.7b shares puts BMSN theoretical value at .0065 on a basic valuation. I think $1.5 for Regen is very low, and it could be much higher. The float is not that big, and depending on the wind, it could go much higher.
Regen has many things in the pipeline, and depending on what happens, it could go very much higher based on a big deciding to put them under their wing. Very possible.
All IMO
But 50 cents is just a dream.
BMSN
