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Alias Born | 02/18/2020 |
Tuesday, May 18, 2021 11:52:00 AM
The share structure does not bother me, 328 mil outstanding, add few options.
If their India deals start generating revenue then 3-370 mil shares will not look bad especially if the mgmt is holding 10+% of the stock, good incentive, but still the number of shares will not be bad in big picture -IF THEY DELIVER REVENUE.
This we will learn in next two months. Then its buy more or dump it.
This guy can be looked at with skepticism but maybe he was just practicing before. Now he actually has something, patented tech.
He is actually putting other people to work on this in the company so its not a one man show. If it was just him I may be worried or not here, but there are other people with incentive to perform and make things happen.
One of the few benefits Small companies have is throwing around lots of shares to get things done. Again as long as the revenue is coming we will be all good.
At .60 I see minimal risk with this and easily going over the 300 mil market cap if the expected news is good, so I am betting on a double within 60 days, thats my investment
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