![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Wednesday, November 15, 2017 3:46:37 PM
They have approximately 19,000,000 shares outstanding according to their September 30th income statement. They've been selling shares at $2.00, with the only exception being a $6.00 per share option agreement on November 6th.
They have an equity incentive plan where 5 million shares are reserved.
So being generous and rounding up to 25,000,000 shares outstanding at $6 per share, that's a $150 million market cap.
Not saying you're wrong, just curious how you got to 4x the math above.
Nothing I say here is investment advice. Please research potential investments diligently.
FEATURED POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • Jun 26, 2024 10:09 AM
HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM
Bantec's Howco Short Term Department of Defense Contract Wins Will Exceed $1,100,000 for the current Quarter • BANT • Jun 25, 2024 10:00 AM
ECGI Holdings Targets $9.7 Billion Equestrian Apparel Market with Allon Brand Launch • ECGI • Jun 25, 2024 8:36 AM
Avant Technologies Addresses Progress on AI Supercomputer-Driven Data Centers • AVAI • Jun 25, 2024 8:00 AM
Green Leaf Innovations, Inc. Expands International Presence with New Partnership in Dubai • GRLF • Jun 24, 2024 8:30 AM