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Re: MrYing post# 139361

Sunday, 07/30/2023 2:31:37 AM

Sunday, July 30, 2023 2:31:37 AM

Post# of 139628
If the oil technology is so wonderful, a large oil company would buy it using their 'petty cash'. I believe the technology is probably Russian which has been modified like a 'stack patent' at best. You can sometimes get away with a 11% modification under the 'Paris treaty rules'. I could not confirm that for a fact however. Clearly it's a theme Mr. Laken outwardly believes in. As to $CMGO price valuation it's about debt to revenue ratio. (d/r) Which makes this micro business a hard prospect to value higher than book value in my opinion.