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Sunday, November 15, 2015 6:06:22 PM
I doubt that he'd do it, but have you ever seen a small company with a net income of $14,708 cause the stock to go from .0005 to .05 (100x)?
I like all of the assets from the 10-Q where all of the $2.5 million went (Unamortized Film Costs from pg. F-8) but I sure hope they produce more than $15,000 in profit each quarter. if you take the $2.75 million in stockholders' equity from pg. F-2 and divide it into the 9.9 billion authorized shares, you get a share price of .00028. To get that up to .05 you would need an increase in equity of $495 million. If TC retired half of the authorized, the company would still have to generate close to $250 million in sales to be worth .05 per share. I know that can be done with a blockbuster film. Some have brought in $500 million. But that's over the course of an entire year.
I've been long with this stock and I'm sure it's going to go up over the next couple quarters and beyond, but am I missing something here with these numbers? How in the world is it going to .05 in the short term?
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