Saturday, May 30, 2020 12:51:39 AM
GNUS is at a $400mm market cap now, fully diluted, with $300k of revenues in Q1.
They have sold 180-ish million shares this year at an average of around 30 cents. But sure, by all mean, buy this doomed to crash stock.
Should be fine.
There's no one who actually believes this outfit is worth half a billion dollars right now. They just don't realize that's what it is. The magic of toxic converts!
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