A bit too much obsessing over EPS . Most OTC / Pink Sheet stocks earn zero money or much less money than their operating costs , and share dilution is NON-accretive , ie , NO asset value increase from unrecoverable operating expenses .
If CyberKey's EPS is a PLUS and not a MINUS then the company is making PROFIT , PROFIT , PROFIT . When CKYS becomes a reporting company and it can be shown that the the company remains PROFITABLE Q over Q / Y over Y , then the company will be universally defined and proved as a GROWTH company , unlike virtually all other OTC / Pink Sheet stocks .
Naturally , if CKYS uses any of the newly authorized shares and those shares are used for a commensurately valued ASSET , and predicated on that then the share increase to the O/S will NOT BE DILUTIVE , but an asset trade-off that can be anticipated to earn money ....thereby the share increase would be ACCRETIVE !
Let me use an example of a Nasdaq stock that has 3.5 BILLION outstanding shares and their EPS is MINUS .02 cents , yet the company is defined as an industry leader because of the business the company generates . The stock ...Sun MicroSystems , ticker SUNW , PPS = $6.06 . The high for SUNW was $70.00 , so the decline in PPS is commensurate to the company's MINUS EPS and share dilution which has been greater than any ASSET increases .
OK ....back to CKYS .....once it is proved that CKYS's EPS is a PLUS and greater than all operating expenses the stock should be easily worth a multiple of minimally 10 X earnings and optimally 30 X earnings ....and that will be a lot higher than a measly .018 cents .
One morning we will wake up and the audited financials will reveal everything .
Today we have the risk which is really just perception because of known factors that safely minimize the risks . One day the reward . IMO , being ' out ' of the stock is the biggest risk of all .
One runt's assessment .
To bite the worm of incite is to bite the HOOK of the antagonist . They win .
