Now now now...your numbers may be correct, but I thought it was common knowledge that people shouldn't buy in at 52 week highs. If you buy in at 52 week highs, all you can do is pray it doesn't plummet and continued north. If you're dumb enough to do that, then you're a bigger gambler than I.
Smart investors buy-in low based on future potential...
So let's say that today you throw in $50 just for shits and giggles...based off that $.0015 share price and not factoring in any surcharges (so the number of shares will be less obviously) you will end up with around 33,000 shares.
Let's say that those of us who did our DD were correct and this company does well...they end up using their equity line a few times, pay off all their convertible debt, release their products on time and begin generating significant revenue and acquire millions of users. They manage to keep the company afloat without tapping the equity line any more once they're generating revenue and get a cash offer of $2 per share of stock from some company like Facebook (who is KNOWN to buy out companies with products they want to utilize ie Instagram and they attempted to buy out Snapchat) once EVTI has proven to be a real player in the game.
A $2 share price is not an unreal number...it could be way less, but it could be way more.
Regardless, I think it's fair to say it's POSSIBLE.
So now you have a $50 investment in 33,000 shares that is now worth $66,000.
So you gave up Starbucks for a month...but would that not have made for a worthwhile investment?
Do I recommend anyone dump their retirement fund into this? HELL NO. This is still a penny stock. It's still risky and it's still a gamble. But is it worth tossing some spare cash into and sitting on it a while? You betcha!
