Sonasoft Corp (SSFT)

[Cat]

The point is, there are 280M common shares, massive ongoing dilution (with 700M authorized), and 3.5M preferreds convertible to another 385M in common shares.

In other words, fully diluted, this ALREADY has 665,000,000 shares issued.

There are a total of 1,800,000,000 shares authorized between preferreds and commons, and the dilution is heading in that direction.

Is there any reason why this stock should be trading at .25$, or 166,250,000$ in market cap right now?

Not when the company is diluting and sales are a single-digit percentage of that figure.

And to hear talk of 1-5$? That's just more OTcrap bs. This company isn't worth 665M $ - 3B $ right now, and it never will be unless they step it up in a major way.

This is a nice company offering a software solution to some good clients. That's great and I wish them the best. But it's not worth a billion, half a billion, or even a quarter billion. No reason to buy at these extravagant valuations.