Thursday, October 28, 2021 11:11:48 AM
Even if 750,000,000 shares were issued oven night, at current pps (15) the market cap (or value of the company) would be only $6,000,000.
Assuming a multiplier of 2 (normally used for large well established companies) this market cap would be justified by an annual revenue expectation of $3,000,000 (according to the recent PR, Mr Leon mentionned a $1,800,000 for CURRENT HALF.
Unless the company is to fold, current pps makes no sense and this crazy discussion about dilution is a scare tactic used to influence people not understanding what it really means.
Welcome to stupid unregulated manipulated OTC market and all the manipulators fu...g around for minute gains or accumulation of shares at the expense of naive shareholders.
Patiently,
Roger
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