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Monday, November 06, 2017 5:53:44 PM
Kudos for catching the stray zero in my earlier post.
The market value today is $4.6 million (O/S x $0.001).
The most BLDV has been so far was $0.057 which means..
$0.057= a market value of $26.4 million
If you multiply $0.057 x 2.64 you get $0.15
$0.15= a market value of $69.6 million--roughly the same as IIPR today.
It would take a 1,413% increase for BLDV to run from today's $0.001
up to $0.15. Even a "10 bagger" from today only gets you to $0.01.
I guess any higher valuation is possible if people are convinced the business justifies it. Q3 (July 1- Sept 30th) is due soon. I look at it this way--
If Apler took BLDV into the "Shark Tank" how much do you think he'd e offered for it?
My "opinion" is as valid as your "hearsay"
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