Tautachrome Inc (TTCM)

[weed831]

Snapchat was valued at over 4 billion prior to having any revenue.
Even now with 2015 revenue of barely 50 million expected, it's value is around 16 billion. That's 320 times expected revenue. If you base it on revenue already received from 2014 of 3 million, then it would be 5,333 times revenue.

I tried telling you earlier that startup tech companies' valuation isn't based on already received revenue but you laughed. I can find dozens of startup tech companies that had similar instances as snapchat, such as pinterest, Amazon, Dropbox, Instagram, etc.
Some have valuations 10-100s of times current revenue. Some have only a few times current revenue. Some have zero revenue, but valued in hundreds of millions or billions.

No, I won't say this will be the next snapchat or Instagram because I don't know. I won't ever claim to know either. I only know what I can see and what I've researched on my own about the companies I invest in and those that others have invested in in the past.

Market cap is not as cut and dry as you want to make it out to be, especially not on an extremely low traded penny stock.

Like I've explained before... Supply and demand. The basics of economics... Enough people want shares here and think it'll be worth more, but not enough people are willing to sell at low enough prices for some, like yourself, to buy in. Others see future value higher than you do. Those people own LITERALLY hundreds of millions of shares and have not sold. That statement is based on the fact that not even volume equal to that of the float has traded hands since the new team took over. In the last 6 months, which goes back before click evidence was acquired, only 465 million shares have traded. And less than 180 million have traded since the acquisition. Factor in all of those that have jumped in and out, then, it's very easy to see that the float is held on to very tight.

The majority of shareholders, or at least the people that own the majority of the float, are not selling and have not sold. I don't know exactly their reasons, but obviously a lot of people believe these shares to be worth much more.