Vinco Ventures Inc (BBIG)

[Cuyware]

What do you mean if you go by that valuation. That figure is a number the company CLAIMED a 3rd party gave it. There is no proof nor evidence of that.

This is the quintessential issue with a stock like this. They put something out in a press claiming whatever they want, and people soak it up. Questions to ask.

1. Who is this company that provided this valuation?
2. How did they arrive at this valuation?
3. What are the financials of Lomotiff since it was private and we have no idea what financial state they are in. Are they burning through cash just as BBIG has been?

As I said, to take something on it's face value like that is silly. Just as silly as throwing up a number exclaiming that stock is going to go to X dollars without anything supporting such an opinion. Yes it is all guesses but there are informed guesses and then there is just typing out whatever one wants.