I get tired of subpenny stock cheerleaders that whine and complain that "the Company's market cap is way too low".
In fact, the company's market cap is remarkably constant, year over year.
The company's stock price is low because of:
1) The company's ongoing losses, often concomittant with a total lack of revenues
2) The company's method of financing (its losses), by borrowing with convertible debentures, convertible notes, and and dozens of other kinds of convertible debt.
3) Constant and relentless stock dilution and O/S increases
4) The company's general failure to follow up on its PRs, with fluff PRs that appears to be timed at the same time where toxic lenders feel like converting and dumping millions of shares.
But no, the company's cheerleaders never overtly worry about the company's debts, or about dilutive shares issuance, or about the repeated FAILs,
They worry about one and one thing only: Shorty.
That's a pattern you can see everywhere in merrye subpennyland.
