BioCorRx Inc. (BICX): So the consensus is that they’ll have to...

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BioCorRx Inc. (BICX)

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Re: None

Thursday, 03/08/2018 4:23:44 PM

Thursday, March 08, 2018 4:23:44 PM

So the consensus is that they’ll have to renew Nasdaq listing paperwork. They may or may not Reverse Split in near future. They have a product that isn’t fda approved and that not many people are paying for. They have more debt and spend more than they have coming in. They expect 2 years for fda approval, that’s if it occurs that fast, which could be a lot longer. Still no great reason to the LLC issue.

I’m trying to understand why it’s valued at 32.8 million market cap. Seems it’s exteemely overvalued currently considering all the factors and all the unknown as well.

Be cautious, don’t go head deep hoping for a 100 bagger.

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