Tuesday, March 27, 2018 6:31:52 PM
But the way I look at it their current market cap is a paltry $1.63M. The day they report a profitable quarter (if ever) that market cap can easily jump to $50M or higher basically overnight. And a $50M market cap would barely qualify them as a micro cap company (by definition, micro cap companies have market caps of $50M-$300). So still lots of room for upside.
If this company becomes profitable and stays profitable quarter over quarter, a $200M market cap would be a conservative number.
Say InterCloud is 12 months away from becoming profitable and they continue to dilute at 5M shares/mo. The OS would climb from 15M shares to 75M shares, but assuming a $50M market cap, that's a share price of $0.67 per share. A couple more profitable quarters and a $200M market cap at 75M shares translates to a share price of $2.67.
That's what I'm waiting for and why I'm still here. And it's not over until the fat lady sings!
VAYK Confirms Insider Buying at Open Market • VAYK • Nov 5, 2024 10:40 AM
Rainmaker Worldwide Inc. Announces Strategic Partnership Between Miranda Water Technologies and Fleming College • RAKR • Nov 4, 2024 12:03 PM
North Bay Resources Announces Assays up to 9.5% Copper at Murex Copper Project, British Columbia • NBRI • Nov 4, 2024 9:00 AM
Rainmaker Worldwide Inc. to Assume Direct, Non-Dealer Sales of Miranda Water Technologies in U.S. and Mexico in First Quarter of 2025 • RAKR • Nov 4, 2024 8:31 AM
CBD Life Sciences Inc. (CBDL) Launches High-Demand Mushroom Gummy Line for Targeted Wellness Needs, Tapping into a Booming $20 Billion Market • CBDL • Oct 31, 2024 8:00 AM
Nerds On Site Announces Q1 Growth and New Initiatives for the Remainder of 2024 • NOSUF • Oct 31, 2024 7:01 AM