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Re: $ B.M.F.$ post# 28065

Tuesday, 11/07/2017 8:08:16 PM

Tuesday, November 07, 2017 8:08:16 PM

Post# of 41311
Dude, it's only been posted on this thread like 15 times, but here it is again:

http://psinvestor.com/everybodys-phone-company-has-troptions-cryptocurrency-ico-exposure/


"The company still probably has approximately 4 million Troptions left on their balance sheet and with the Troptions ICO set for November 11, 2017 this could represent a considerable asset that could be monetized should the ICO do well. Monetization of a crypto currency is similar to a stock in the sense that you go onto an exchange such as the DEX and put in offers to sell it. Troptions are denominated in XCP which is trading close to $10.00 and XCP is quite liquid and can be converted into Bitcoin which can then be taken out as dollars.

Valuation

As of the last Quarterly the company had 252,062,103 shares outstanding. At a price of .0012 this represent a market capitalization of approximately $300,000. Given that a public shell is typically worth $500,000 the stock appears to be undervalued. There is no convertible stock leading to toxic dilution but there are some significant upside catalysts. Keep in mind that SWHI still has about 4.0 million Troptions. This represents a huge asset that could be monetized should the ICO be successful. The Troptions ICO is calling for an $11.00 ICO price putting the book value at $44 million. There can be no assurances on what the ICO price will be but it lists the current trading price at $6.50. Either way you look at this there is a valuable asset that could be monetized and investors should base their investment decisions on the underlying business and the value of a fully reporting public company."