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Re: carusso post# 63286

Wednesday, 07/20/2016 6:40:55 AM

Wednesday, July 20, 2016 6:40:55 AM

Post# of 235174
Sure it would be grand, but think about this: at even .25, the market cap would be over $100M, based on what revenue? You can't proceed with a fantasy as if the law suits monies are in the bank, that's why they have trials. Even then, it's not recurring revenue and we have no idea how much it will cost for marketing, i.e., tv ad production and media buys, etc. - at this point we don't even know if a robust retail market actually exists. Down the line, sure, with govt contracts, but I think realistically you want to see a buyout in a year or two, once all the ducks are in a row, now the company just isn't worth that much.

That said, I think we're still undervalued here, but more like .01 seems about right, now.
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