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Thursday, December 23, 2021 12:04:59 PM
I've thought this could easily justify a 10m to 15m Market Cap conservative. Maybe 25m to 30m.
at .01 it's only 7.28m Market Cap.
Another thing about authorized in the OTC many times lenders want 4 to 5 times and sometimes more available. So if you had a cinereo where 100m shares would cover the cinereo, you have to have at least 400m to 500m available on your authorized. So 3 or 4 cinereo's like that and you have to have 2 billion in authorized. Not saying that's the situation here. I'm saying that's why a lot of companies have 10s of billions authorized. So this little 3b A/S doesn't scare me. The REG A is a good thing, money goes directly to the company for growth,, not a debt holder and the CEO has more discretion on the discount.
I believe we will be right back at .004 soon enough..
Anyway, Happy Holidays to All
Stay Safe
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