InvestorsHub Logo
Followers 21
Posts 2723
Boards Moderated 1
Alias Born 04/13/2003

Re: Shavasana post# 67089

Friday, 01/18/2019 1:09:00 PM

Friday, January 18, 2019 1:09:00 PM

Post# of 96574
Understand and that is great but 6 billion is already issued and a drag on any movement upwards. Stack those shares it go up over 400 miles high! An optimistic multiple of 20 to 1 would mean they need to earn $345,000,000 to justify a price of just a Penney or 1 cent per share. The hill that must be climbed is along time before WRFX can earn $345,000,000. Again if this happens share price of 1 penny is probably too high. When will they make a million let alone $345,000,000? Is there any promise they have not issued 6 billion shares already and won't issue anymore after today?