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Saturday, September 24, 2022 12:12:04 AM
A company with the sales of a high school lunch room snack bar has given itself the ability to subdivide the company 10 billion times.
What would the PPS be on a company with 10 billion shares and $20k in sales?
What is a water plant worth with a water production line the overall water industry labels so antiquated as to be less than worthless? The water line would be a negative asset for the company because it would have to be removed and replaced.
Are we supposed to believe that this is how business works? Can an electronics store constantly advertise sales and items it has if it doesn't have them and stay in business? If not, how can a water plant remain in business if the company constantly PRs things that never occurred?
My posts are my opinion and nothing more. You should always do your own DD and do not buy any stock or anything else simply based on what I say.
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