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Re: Bute post# 312

Monday, 02/17/2020 4:31:24 PM

Monday, February 17, 2020 4:31:24 PM

Post# of 439
Then you should bail. They don't need to pump up the stock. I knew what I was buying into at $0.055. If the price was at $0.50 you'd be complaining that it was too high.

The current price is more than fair based their QoQ revs. Their market cap is $4.5million, and their run rate based on last QR, is $1.2 million, which put them at a 4:1 ratio. Factor in debt load and COGS, it's closer to 12:1, which is close to average for the sector.

As of right now, you actually have a ton of buying power. If these partnerships start proving themselves out, you'll lose that power because the price will skyrocket, and you know that. So, use this interval to accrue as many shares as you can, trade a small percentage to add to your core holdings and stop complaining about a gift.