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Aliquot

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Aliquot

Re: Glencoe post# 24798

Tuesday, 11/01/2016 6:49:06 PM

Tuesday, November 01, 2016 6:49:06 PM

Post# of 43546
This company is valued at
Over $70 million with $8 of cash in the bank and $0 revenue over 6 months ending June 30, 2016.

CEO was paid 80 Million shares as debt compensations for his salary at that time. Worth a cool 5.6 million dollars today. Wonder how many he has sold?

Careful and know what you own, the market will take this back to a real valuation eventually. If this company were selling $100k/month I would still think it was way overvalued.

Know what you own?

Can someone please tell me how they will make money to account for this insane market cap?
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