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Saturday, December 12, 2015 3:50:57 PM
That's an argument for both big boards and otc stocks.
Valuation is what the market is willing to pay for a stock.
And, as anyone can see, whether big boards, and otc
stocks, most of them are over book valued.
You claim VitaCig needs $200k or else, that's absurd.
VitaCig was trading .03 on $40k two Quarters ago, how
does one explain that?
And traded as high as .08 following the spin off, on
not much better numbers.
You know as well as I, that you could point out plenty
of otc stocks, with higher o/s count, major debt/dilution,
producing around the same, or slightly better revenues, trading
.02 - .05.
VitaCig is way undervalued in my opinion, based on penny land
standards.
FIT# has 4 Billion o/s count, shady as they come, trading
.004.
And people think that's what VitaCig should be trading at.
Sorry, I think not.
The only reason the stock dropped as low as it has was
because of the quiet period.
How do you know there was never a jv deal?
I know for a FACT, that there was.
And the Korean deal, preceded VitaCig as a publicly traded
company.
And over a year ago, so if that's your smoking gun, so be it.
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