Good discussion but you miss the important stuff
First INDIA has produced product. They stated over 1,000 units, should be 2,000 by year end. One thing I do not know is the sales price of those units in the India market however.
Second, these suckers have been shipped to 35 different countries. Pallets of solarmills going to some of them. We do not know end sales.
I posted the sales progression here on the board which you all remember but they should do 4-5 million THIS YEAR . Other toxic debt situations some of which popped to 6 to even 14 times their .0001 level had no product or very little if any revenue.
Second the amount of toxic debt it not huge. It may translate huge into shares which is the problem so this is a matter of a few months to work something out before valuations get ridiculous.
IF you have noticed volume has picked up since the global warming pact passed. There is a ton of money coming at Renewables now.
It only takes a few million to end the toxic situation and about 4-5 million to put this in a situation way better than they were in before all this happened.
That massive destruction of value that happened during the pump and dump was overdone .
The company went from a market cap of 160 million when it had virtually no sales to a market cap of 220k.
A few million in restructuring and this could easily have a 20-30 million dollar market cap or more, especially if sales are exploding next year.
With my conservative calculations which is a moving target since the dilution is constant started out at a potential for .01 stock price . As more stock was issued I come up with .0070 . This number goes down every month the stock is diluted based on share count. So even under my scenario there are only about 3-4 months left.
Of course I am only assuming a 20 million market cap. Current infatuation with this sector could make that number better.
As for the posts about the 99.7% fall in the sales price, that is moot right now because I did not find the stock until it hit these levels.
Given the current more favorable outlook for renewable energy worldwide I would give the chance of a workout of some kind about 1 in 10 right now with a potential reward of 70-1 as we stand today.
I would love to see this company turn this around though. I just really like this story, the products, the potential applications etc.
I should be able to provide some more info if the company holds together as a contractor friend is going to try to be a distributor and I already have someone interested in buying some solarmills for their property along the shoreline.
AI
