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Sunday, August 14, 2016 6:01:10 PM
You said if O/S increased so would the market value.
I said market value would not change because of an increase in the outstanding shares....
I said you were wrong in your statement and I am correct...
As for a market value of $10 million.....I could list a few companies whose market value is A LOT LESS...
Though SMME has no revenue yet, it's products have only been available for sale for about 4 months. And one stream of revenue requires a long time of evaluation before sales are even possible.
I know of another company whose product has been on the market for quite some time; loses millions of dollars every year; and the market cap is about 20% of SMME's.
Everyone has an opinion on which company might be the better investment........
Recent SMME News
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