Thursday, March 08, 2018 10:30:56 PM
There is no need for a buyback, cancellation of shares, reverse split or any other modification to change the current ss.
The company has already stated they will not do a RS as they have no need to and believe that they can achieve the valuation they deserve on the current ss.
Current market cap at .018/share is ~$49M
If they can do the $100M in sales they have projected this year they will probably see a market cap of $500M-$1B conservatively, which would put the share price between $0.18 & $0.36
No need to reduce shares imo, share price will appreciate.
$ANDI
$UTOP (Soon!)
FEATURED ECGI Holdings Enhances Board with Artificial Intelligence (AI) Expert Ahead of Allon Apparel Launch • Jul 10, 2024 8:30 AM
Avant Technologies to Meet Unmet Needs in AI Industry While Addressing Sustainability Concerns • AVAI • Jul 10, 2024 8:00 AM
Panther Minerals Inc. Launches Investor Connect AI Chatbot for Enhanced Investor Engagement and Lead Generation • PURR • Jul 9, 2024 9:00 AM
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM