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Re: trender18 post# 38426

Wednesday, 03/30/2022 2:05:45 PM

Wednesday, March 30, 2022 2:05:45 PM

Post# of 39153
Well, there's something we don't know or the Swedes did't realize what they had. I'm leaning toward the latter because for 10 years these guys did absolutely nothing to increase the share price. They did grow the business almost every year but preferred to pay themselves very nice salaries and big bonuses rather than show a profit. Never PR'd any new deals, never put any numbers on the deals, never considered paying for audited financials, restructuring the shares and/or uplisting. I don't know if it's ignorance about how the US stock markets work, stupidity or some kind of convoluted planning. On average, companies in this industry have a market valuation of 1.3-1.5 times sales. These guys have probably made close to 50 million in sales last year, hence a fair pps of at least 4-5 cents without any other considerations for an increased valuation (i.e. Local Planet stake). So, since they owned 1.2 billion shares, at 4 cents/share that's 48 million USD. Maybe they needed the cash money right away and are going to quickly disappear from the company, maybe they hope that Making Science stock is going to 300 (fat chance at an average trading volume of 700 shares/day) or who knows what they were thinking.
Anyway, let's hope that the Spaniards realize what they bought, have a better understanding or counsel for the US stock market and bring UCPA to its fair market value and beyond.