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Monday, September 11, 2017 11:34:36 AM
They literally move in the opposite direction, so just because 9.3% of MRMD's market cap is close to WDDD's market cap right now has nothing to do with WDDD's value.
1/1/2015
WDDD cap = $16M (105M shares, $0.15 per share)
WDDD's MRMD stake = $0.5M (32M shares, $0.15 per share, 9.5% interest)
6/30/2015
WDDD cap = $12.5M ($.13 per share)
WDDD's MRMD stake = $0.3M ($0.12 per share)
1/1/2016
WDDD cap = $3M (120M shares, $0.025 per share)
WDDD's MRMD stake = $0.9M (64M shares, $0.14 per share, 9.5% interest)
6/30/2016
WDDD cap = $1.8M ($.015 per share)
WDDD's MRMD stake = $0.9M
1/1/2017
WDDD cap = $7.3M (246M shares, $.03 per share)
WDDD's MRMD stake = $1.45M (65M shares, $.24 per share, 9.3%)
6/30/2017
WDDD cap = $9.8M ($.04 per share)
WDDD's MRM stake = $9.3M
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Your commentary re: Worlds and MRMD would make sense if you actually backed it up with data and research, and I'm so so sorry for the board that at this moment in time, because of MRMD's strong surge in 2017 in the marijuana/cannabis business, their market caps have aligned. But a broken clock is right twice a day, just as these market caps have aligned for the very first time in history.
Aka....6 months ago WDDD's MRMD stake was worth just 19% of WDDD's market value.
Nothing has changed since 1/1/2017 besides MRMD becoming more valuable.
Theory debunked.
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