Do you Even follow what's going on with the company Or any of their webcasts or information ? Again with a valuation that is based only your opinion. That's Fine, I think it's worth..... 2 kazillion!!!! If they go through with their preferred B share addition, They're also canceling 300 million shares out of there OS. This will make them look even more attractive and make their valuation even that much more UNDERVALUED!!
They have expressed they have the available resources to grow organically, But also stated they want to do push for rapid growth in multiple countries. This is bound to take some extra financing. The choices are Dumping common stock into the market, Taking on toxic financing, Other legitimate debt sources or partnerships, Or using preferred restricted shares In the form of equity( Preferred which is not reflected in the market cap).
There are extremely few examples of any company that has grown to any size that hasn't used one of these resources. Musk, richest guy in the world, put up a sizable chunk of Tesla To go on his Twitter buying binge.
The facts are no one here yet has shown how S FIO has been unique in it's loss in price per share or in the amount of More stock being sold than bought....that, usually what happens in a broad market down turn. Doesn't matter who's selling the stock as long as there's not new new common stock being added for dilution. Basically, As an OTC stock, S FIO has just as much much future or statistic probability of surviving than any of the other OTC stocks that has been decimated.
It is unique however In comparison to 99% of the OTC stocks Simply by the fact that it is massively UNDERVALED , solid revenue, Higher than most profit margin, more assets, History, Expansion etc.
If anybody wants to Discount that statement then I simply challenge you. Find me an OTC stock that has over 10 million in annual revenue With a higher percentage of assets to debt, Profit margin And lower PE and PS ratios To market cap...i.e. undervalued. For those that think there's that much better OTC stocks out there than I anxiously await Your examples that beat this. If you can't find on...well...
P.S. If we were in the worst depression in the world, And we had $5 to spend on food for the next week.... My wife would use it to buy a Starbucks Coffee..... So no, Recessions, depressions... It's often the comfort products that survive.
