Tuesday, November 14, 2017 5:40:02 PM
There are companies that get well over a penny even with a hefty number of outstanding shares. The best example could be A£OL, an MJ company very similar to VPOR with almost an identical share structure. It touched 5 cents before settling down to around 2 cents for a few months. Granted, it has now fallen below 1 cent (around 0.008).
It needs more good news and for Yaniv to continue building trust towards the management, but saying 1 cent could never happen is silly. $500 000 in revenues during the _first_ full quarter of the product on the market is a great start. Now let's keep the O/S steady or even reduce it a bit and start climbing up to be profitable during the next few quarters and the PPS could really spike up.
EDIT: Just noticed the original question was about "anytime soon". I agree, this is not going to get over 1 cent anytime soon. Let's just say it could very well happen in the near(ish) future.
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