Phunware Inc (PHUN)

[SecretMillionaire]

That exactly what the Austin Journal said because that's exactly what happened. The "IPO" so to speak was valued as the shares * the price. That's what the valuation means.

So, it opened up at $300M plus and shot up to a few billion. That means absolutely nothing. That's just an observation. It doesn't tell you what the value is. It doesn't even claim to purport what the value is. It's saying what the price was when it went public. Nothing more. You are reading into things that are not there. Which seems par for the course, as we see you reading into Reg Sho lists, etc., which have more than one interpretation.

You have to pay attention to precisely what is being said. What is not beign said, and what things mean! And look at the evidence in its totality!