InvestorsHub Logo
Followers 6
Posts 777
Boards Moderated 0
Alias Born 08/22/2007

Re: rushmann post# 95593

Friday, 05/05/2017 11:53:13 PM

Friday, May 05, 2017 11:53:13 PM

Post# of 111920
I'm sure many would agree that the thought of going from very small numbers to single digits sounds good, but I put that prospect in the hope category.

Whatever % the price moves, there needs to be a corresponding growth component of the company also. Going from .0029 to 1 is about about a 34,000% increase. Could it happen? Maybe. Will it happen? Based on what I currently know, I'd say no.

Now, when we get more information, that all goes into the model and the targets will change. New sales numbers, O/S changes, new products, new marketing, new key management (with proven track records) will all go into the mix for consideration.

For now, based on what we know, I believe pennies are good, and more importantly, realistic targets.