Sunday, February 23, 2020 2:30:02 AM
Remember that KWBT is not profitable based on the nine months ended September 2019. They have lots of debts and the Corona Virus was an unfortunate thing that happens....Let’s be realistic here.
Yes, look realistically at KWBT trading for example around the same price as VRUS, with 3x more revenue, less operating loss, and a tenth of the O/S, yes a tenth. KWBT has 200M, VRUS has 2B O/S. These two shouldn’t be trading anywhere close to the same share price, and wouldn’t if not for debt converting on KBWT.
VRUS Market Cap 40M 12x quarterly revenue
KWBT Market Cap 4.9M 1/2x quarterly revenue, just crazy.
Amazing potential for a reverse here, which is why on the most read list, high volume, etc.
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