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Re: ChiefZ post# 1472

Friday, 02/03/2023 9:30:32 AM

Friday, February 03, 2023 9:30:32 AM

Post# of 2213
$OWPC Sorry, I'll have to disagree with you on this particular suggestion, sello:

they will be looking to get the price above even the $.50 target stated in the S-1.

There are only a few things that would put us there, IMO. An acquisition, merger, reverse merger, or significant carbon credit.



The current market cap ($5.5M) is already very low for any revenue to speak of, especially considering the absolutely wonderful share structure and the care with which Isiah has managed it, the very clean balance sheet with no significant debt, and many other very positive things that can be said about the intellectual capital (contacts, connections, agreements and personnel assets and so on).

At a pps of $0.50 the market cap would be only $34M. News of the extraction facility online would be a huge start already. I believe any news of a contract of any significance could easily send us to $0.50 pps. Given we're still OTC and also that we have little following a.k.a. low public market awareness, it may take some time to filter through and achieve whatever higher pps, no doubt.
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