Nouveau Life Pharmaceuticals Inc (NOUV)

[Running Q]

Can anyone tell explain how with an A/S of 20 BILLION and an O/S of 11 BILLION NOUV gets out of the trips? I’m not saying they (NOUV and PURA) can’t make money but financial fundamentals are still financial fundamentals. EPS is still calculated using the total number of shares which greatly impact the PPS. Companies with BILLIONS of shares typically try to manage the share structure so that the EPS is attractive to investors thereby increasing the PPS.

Hype, excitement, PRs, etc can only take a PPS so high before the fundamentals kick in the the PPS settles into a realistic range. Perfect example is SHM*. The euphoria and excitement rocketed it from .005 to .945 but it has since settled in the .18 - .20 range because at this point in time that is a fair valuation of the company based on share structure (O/S of ~300 million not billions) and potential revenue.

I’d love to see some fundamental calculations on how someone projects NOUV to get to a sustained .001.