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Re: FatCatFenix post# 62706

Friday, 01/28/2022 1:04:26 PM

Friday, January 28, 2022 1:04:26 PM

Post# of 92486
Their balance sheet doesn't support a valuation of 0.02. They have not had any revenue for the last 4 years and they had a 3.5M loss for the year ended 8/31/2021. That's a loss per share of -0.00134.

Also, it's very difficult to break into an existing market, especially a mask market who everyone and their dog is making them. People buy cheap; not good masks.

I like to dream; but this is going way too far.