What disbelievers of the higher price projections for GOFF are forgetting, or just not properly taking into account, are GOFF's ideal, fully SEC-reporting, lower outstanding share count, preferred shares available, debt free setup.
You just do not find such a pristine, turnkey vehicle for taking your private company public on any street corner in the OTC. Not anymore. Not in the newly much more strictly regulated and ruled market environment. Note how much time and money George Sharp had to invest in prepping GOFF and the legal obstacles he needed to overcome to get one of three custodianships to this point where it is coming off the Expert Market on Tuesday.
How many other custodians are lined up out there, willing to go to the same costly lengths Sharp has?
Meanwhile from the private company that is considering going public's perspective, IPOs are unwieldy, expensive, daunting procedures for smaller companies seeking to go public. Time consuming.
Reverse merging into a market ready shell becomes an ideal alternative.
In this post-Sept. 28, 2021 world, how many SEC reporting and approved shells do the best private crypto companies have to choose from to circumvent IPO hell? Lots and lots?
Back to the share count: if GOFF were a 4-cent stock (even with over 2 billion shares out) a disbeliever in the multi-dollar price predictions for GOFF would have less difficulty wrapping their head around an increase in the 4 cent stock to a buck. After all it just happened a year ago with TSNP. Post merger. Way over a buck in fact. Four cents to a buck is "only" 25X.
If GOFF goes 25X from .30 cents that is $7.50
Just because you have never actually yet seen a 30-cent George Sharp custodianship shell come off the Expert Market and merge with a billion dollar private crypto company before and run 25X, or more, previous to this point in your life is not "proof," or even close to a valid argument that it is "not possible," or in your word to describe the price predictions, "silly."
These very rare factors are now in place for any or many of these optimistic GOFF predictions to come true.
To deny it is to remain stubbornly ignorant.
