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Re: mrgnfreeman post# 34188

Wednesday, 11/15/2017 3:46:37 PM

Wednesday, November 15, 2017 3:46:37 PM

Post# of 59571
Just curious as to how you arrive at a 600 million market cap for CRCW?

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.