InvestorsHub Logo
Followers 17
Posts 1579
Boards Moderated 0
Alias Born 05/15/2018

Re: justatrader post# 56697

Sunday, 10/31/2021 2:23:20 PM

Sunday, October 31, 2021 2:23:20 PM

Post# of 71119
There are TWO pps not to be confused; one is the traders preserved pps (value traders place on the company’s present and future worth) which is market cap divided by outstanding shares this can change daily. This can be manipulated by many influences: traders, day traders, market makers and buy backs, etc… The other is shareholders equity per share, this is the value per share based on the NET worth of the company. As of the July filing there was a negative net worth which means per share value is also a negative value. If and when the A1 filing is completed and all shares are sold the company will have a POSITIVE net worth and the shareholder shares will also have a positive worth even if it is small.

The important thing to remember is that the company will have real working capital to accomplish its future plans with.