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Re: atvjoel post# 31977

Sunday, 01/14/2018 6:02:24 AM

Sunday, January 14, 2018 6:02:24 AM

Post# of 79856
That 50m raised isn't going to the market cap. With all the leeches on the otc it would drop like a stone and they would be back to square 1. The market cap will be based on how many shares get swallowed up and at what prices. I think this will go way past .02 anyway, but I think you may not understand where the market cap comes from.

For example: F"rd has a cap of 58billion
O/S of 3.9 billion
Pps of $13+
And only around 10billion profit.


The only thing that matters for share price is market cap and that is based on market activity, which is helped by profits by creating interested shareholders, but not based on company profitability. And as long as you have enough interest it wouldn't matter if you had 200billion O/S as long as they were selling at the next price up the market cap will go up

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