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Re: Penman1 post# 35738

Thursday, 07/12/2018 11:47:00 AM

Thursday, July 12, 2018 11:47:00 AM

Post# of 48514
Market CAP comes from capitalizing income. If income is negative, a loss, then there's nothing to capitalize. Thus, shares, that reflect value, are worthless and have already gone down 99.99999%. As such, it's just a matter of time for the company to close its doors and CEO to be investigated for fraud.


Sorry, but I believe the figures ~45K and -5K come from a March 31 Document. Let me check. ... OH! Latest statement released on JUNE 18th specifies that Income = ~$48K. Profit not listed. But ... it also lists in the document a "Market Cap" of ~$2M, which cannot be true, since publicly available information lists "Market Cap" as ~58K, only changed within the last few days ... uh ... true, it's up from ~$5K, if true. WHY ARE YOU HIDING INFORMATION INSTEAD OF POINTING US WHERE TO FIND IT?