Velatel Global Comm. (fka VELA)

[Velabuyer]

New Vela buyer.
I heard The SEC has shut down the stock diluting Ironridge Global. If the recent link is correct where CMM has 500K users and growing?, then CMM should be grossing ($10 per user x500K users) =5Mil a month. Profiting at least 10% of that number or $500K a month or 6Mil a year. Does that sound right?

If they are making $6Mil a year, the CMM value should be a 25X multiple or 150MM valuation for CMM and Velatel owns 75%, so their ownership should be worth over 110MM.

If there are 4 Billion shares outstanding, then the shares should trade at 110MM/4Bil or $0.0275 or 50 times higher than here.

What am I missing?