Where is MASSROOTS (MSRT) Today in Relation to HLIX? https://investorshub.advfn.com/boards/read_msg.aspx?message_id=125116770
Gulp! Well, isn't that special. At 60 cents, lower than the day when I -- I mean, err, I mean when this trouble maker made the post above, time-stamped 9-14-16. According to my calculations, that would be somewhere between the 2 and 3 years-ago mark. That's not very long ago, really.
MassRoots was endorsed by the analyst whom was the anti-thesis of this troublemaker named GreenGenie. God, that name makes me want to puke. He is nothing but trouble, I tell you. But he seems to have gotten this right: 1) MSRT is already starting out with 60 million shares fully diluted, plus the 10M new issus with convertibles, putting you at 80 million shares fully diluted. Granted, 10M are out of the money, so I'll go with 70 million to keep it simple.
Helix TCS (HLIX) has you beat at 50 million.
2) HLIX has 83,000 in cash last quarter, you have 53,000.
3) Helix has strong working capital, MSRT has negative working capital, making it insolvent without the dilutive cash infusion coming your way.
4) MSRT has negative shareholders equity, HLIX has a book value of $350,000.
5) MSRT has year-to-date sales (6 months) of $600,000. HLIX $870,000, and Cannabase isn't even reflected in that figure yet.
6) MSRT lost $2.1 million YTD; HLIX lost $500,000 YTD.
With Cannabase's integration, they get to share in HLIX's fixed costs. MSRT has liquidity in its stock as the only advantage, but that's only short sighted. I think given all of these considerations in "perfect market" theory, either you are overvalued or HLIX is undervalued.
That's like an endorsement from the analyst vehemently opposed to HLIX because it was "non reporting" juxtaposed against this trouble maker that didn't have a license to recommend good stocks. Granted, he doesn't need others' money either to put money with his mouth.
Well, as I always say, truth comes out in the shake.
This was also the impetus for a brain-dead moniker to come here in order to stalk and distract, as he wore a cape, dressed as Superman, and drunk 24/7. And he was allowed access to things when he should have been locked up and shackled in a corner with a dunce hat. But, NOOO. That's not how it went down when you have questionable mgmt. practices that can't go around bad orders.
We are not going to be following bad orders now, not then, and not ever. Never! Sound epistemology never succumbs to idiocy. Never!