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Re: None

Tuesday, 04/19/2022 12:18:51 AM

Tuesday, April 19, 2022 12:18:51 AM

Post# of 28549
Is this price hard to suffer through? Yes. Is it warranted? No. This stock FULLY Diluted (Which it isn't even close because the CEO hasn't sold a single share) would still be close to worth what it is now. That's IF the float was 9 BILLION. which it's not, it's a fraction of that. Even if it was it would still be price to book at .025. BUT..... it can't even ever get there because the Authorized share count is a fraction of the fully diluted price to book valuation. In other words, if the Authorized share count were raised to 9 billion tomorrow in a Filing (which by the way would come out 3 months before the actual raise hit) the fair value on 9 billion in the float would STILL... BE........025. BUT THE FLOAT IS ONLY 300 MIL RANGE FOLKS. u do the math. If they dilute this to 800 mil cap, your fair value is still around .09 from a technical standpoint. This is not hope, or dreams, or cocaine this is just pure math.
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