Yes, but IBM is a real company with billions of dollars of real assets. Gulfslope is a startup, maybe someday, company with billions of dollars of purely theoretical assets and a few million of real assets. Not exactly an apples to apples comparison.
If there was a 25 to one reverse split at some point with no discovery at Tao, Gulfslope might have a $1.00 SV and 36 million outstanding shares. That is a more reasonable way to look at the market value. But as it is the stock is not a real stock as capitalism would have it. It is merely a convenient vehicle for options frauds to manipulate. I own a lot of this stock. I am hoping and praying with all my might that something good happens at Tao, so that this pseudo-trading nonsense will finally stop.
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