Wednesday, May 12, 2021 2:25:11 PM
By his logic it will need 17 1/2 million dollars in revenue to get to 50 cents.
Here is one of the tweeeeeets.
randyp910 @leva2021
$AITX
looks to have a promising future as a company but the stock may not be what everyone expects it to be. At .10 this company will have a market cap over $350 million at $1 it will have a market cap of $3.545 billion assuming no more shares are released. This company isn't generating millions of dollars in revenue yet and the earnings are still negative. The company need to generate $35 million in revenue in a year to warrant a $1 share price at 100x revenue. That's not earnings that's revenue. I'm moderately invested in this company with nearly $12,000 of my money but I'm not expecting the moon like so many others. I'm hoping to quadruple my money at .50
Recent AITX News
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