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Re: Pure_Greatness post# 3583

Saturday, 11/21/2015 12:31:15 AM

Saturday, November 21, 2015 12:31:15 AM

Post# of 6067
How much it is worth depends on how much the market thinks it's worth. But technically with $32mil equity listed in last quarterly, and a OS now of 53million, should be technically 60 cents. But market value must take into account the future potential for growth.

The Hard Rock news was an outstanding positive for this company: http://www.marketwatch.com/story/cabo-verde-capital-inc-in-development-discussions-with-hard-rock-hotels-and-casinos-2015-10-06 However, it seems like it flew under the radar, or the OS was too huge to allow movement, and low volume took this down to oversold levels.

The elimination of OS was a brilliant move to regain attention and interest. Bravo whoever thought that up. And like I said, the reduction makes it more enticing for a buyout if someone has genuine interest in the properties (i.e. Hard Rock). Until we get further Hard Rock news, I see no reason why this can't get to higher levels such as 10-20 cents in the near term with the new SS and float. But my opinion only.
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