Ok guys here is my 2 cents, for what a 19 year old opinion is worht. I have had to do lots of analysis for big board companies, my favorite is discounted cashflow. NEVER have I seen a company trade on a Market cap based soley on Revenue. It has to do with assets, revenue, and CASH FLOW. They are spending money on Lawyers, etc to help grow the company, sign deals etc.
This is "good". Think about it 950 million shares at .01 is only 9.5 million for a market cap, there is talk of 12 million in revenue. Because of the leverage system of debt and spending and cash inflows, we can obtain a lot more in tangable and intangable assets that 12 million dollars. It is all about cashflow. If these big players can move the money in the most effective way we will be ok.
We as investors pay for assets and cash flow, and potential earnings in the future. .01 is not unprobable even .05 would be about 50 million market cap. which isnt outlandish if the revenue comes.
Long story short, if they leverage the cash and use it well, it is a minor bump, just like any major company, except they only have stock, not bonds or lines of credit. I for 1 am holding, all my investable cash is here (again I am a broke college student, I dont need a diversification lecture haha) and will hold out for better days. GLTA
Ryan
All in my own Opinion, Not a Recommendation!!! But let's try to make some money!
