Monday, October 04, 2021 9:43:36 AM
Even if we had 3,500,000,000 O/S, at $0.01 the market cap would only be $35,000,000. Would not take much for such a market cap to be well accepted by market.
Right now, market cap is more or less $7,000,000 and we know almost nothing about current revenues and growth plans.
Strictly on a revenue basis, what would justify a market cap of $35M? (pick your multiplier)
Anyone think Leon has no plan but keep exployting a 40 beds operation forever?
Let's be serious you believe this to be a failure in the making (then not getting rid of your shares right now is stupid)
or
Leon (even if he doesn't communicate more) is building up an operation having a future in a large growing marlet to exploit and then with a little patience (let's say 12 months), a market cap of $35M would be seen as a joke of the past.
Personally, I do not think our low profile Leon did put out the last PR without really wanting to send a message to his serious shareholders.
For the moment, what we see in here is a bunch of nickel and dime daytrader having fun within a market totally manipulated by few manipulators and a few believers giving time to their investment.
Sit and wait is the best strategy if you already have your INVESTMENT made or buy in if you are prepared to give Leon the time (12 months or more) to execute his plan.
GLTA and enjoy the ride!
Patiently,
Roger
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