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Re: BluSkies post# 9405

Monday, 10/30/2017 2:53:38 PM

Monday, October 30, 2017 2:53:38 PM

Post# of 17821
Not necessarily. In theory, that's how it should work, but this is the OTC, the wild west, and market value is a very subjective thing down here. The good news is, even in a worst case scenario situation, if they were to batter it until the max-out 500 million A/S is reached, 500 million is still a relatively acceptable number in OTC land. The current market value here, according to PPS and share structure, is around a million dollars, which is crazy low considering it's now in the MJ sector. People forget that MJ stocks can catch a weird fever and go parabolic. The recent upgrade to QB and the cancellation of the reverse split were good moves, but the D word that's obviously going on trumps all for now. The chart broke Friday and now we watch to see how low it can go.
Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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