To me it comes down to a few factors of which some on this board have done a wonderful job highlighting.
Market Cap is the key to the equation.
We have 6,859,241,490 shares outstanding. The debt should be very close to being finished. I figure 7 billion shares is where this would max out with any more incidentals.
Balance sheet will be reasonably clean afterwards with about 3 billion shares left of space under the authorized cap. As long as management doesn't dip back into funding operations with toxic lending at these prices, we should stay steadily around the 7 billion share level. The IPO's being successful should afford the company the revenues and cash flow needed to keep loans at bay. They also did quite a bit of cost cutdowns from last year... Which is great to see. If the stock price is still floundering and the cash is coming in, a stock buy back is definitely something I think management would take under consideration. All very good things for shareholder value.
So from here on, it really comes down to management execution. The better the IPOs on the docket do, the better WDLF will do. But with a clean balance sheet and revenues coming in, things at least from this level should be looking up.
I'm never one to shout 1 dollar by the end of next month. I'm a realist and market cap is always my compass. But in all honesty, $1 (Roughly 7 billion dollar market cap) is not out of the question. It will just depend heavily on how well our management team does with moving the agenda forward.
At a minimum, I believe the management when they say they internally value themselves at $100 million. So I do believe this should trickle up to the 1.4 cent level to start. From there, lets all hope for some serious traction on the IPO's, because if we get that then we could go much, much higher. All imo of course....
I appreciate the DD shared on this board and twitter. It's made me feel confident that the majority of debt is almost extinguished. It's a beautiful thing when a penny stock has worked out of it's toxic debt!! Now let's go appreciate in value WDLF!!
