Monday, May 23, 2022 3:16:40 PM
After split as it stands today, it owuld put price at $6 on the Nasdaq with a $4 something private placement capital raise. That will indeed be interesting because the fundamentals are there as I see it. A p/s of just 1 would put the stock at $30 *post split.* I do want to see how that works. But the fundamentals do need to be there. So far, it's profitable and really good revenue. I have a feeling it will bode better on Nasdaq for them. It will free up so many restrictios that prevent retail and funds from buying the stock. Gives credibility too. As long as the fundamentals are there.
Wtih YBCN, I don't care about the Nasdaq part. They can talk that up all they want. It doesn't hurt anything. I just want them to get their website working, get an IR section, come through, release PR's, and get serious. And keep their word! They said May. They should keep their word and do something. We shall see how long it takes...
They do have lots of things in place to be interesting already. Cook the books for all I care! Talk up the sales. Whatever. Just come through!!!! :) We can deal with fundamentals later. Besides, a reverse merger isn't an IPO. Let them come through, raise capital, whatever they want to do after that. Just make a lot of noise. We have all this story to tell and nobody to tell it to. I blame that on their procrastination!
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