I reached out asking how the .25 price was chosen for the stock issuance this quarter and was pleased with the response. Of course take it with a grain of salt as it can change and is just forward looking:
Value of Expertise: The shares were issued to a consultant whose expertise and involvement we believe are extremely valuable. The pricing reflects our confidence in the unique skills and experience they bring to our company.
Future Value Projection: We priced the shares with an eye towards the expected value in a year, considering the anticipated contributions of the consultant. This projection is part of a strategic plan aimed at enhancing our business model and, subsequently, our stock's value.
Documenting Potential: By valuing the shares at $0.25, we are documenting our belief in the potential value of the consultant's contribution and the expected growth trajectory of our company. This is not just a reflection of the current market price but a forward-looking assessment. This is optimistic and shows our goal, not a promise, of course.
Please note, the statements in this email regarding future events and projections are forward-looking statements. These statements are based on current expectations, forecasts, and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially. Factors that could cause or contribute to such differences include, but are not limited to, market conditions, the consultant's performance, changes in the industry, and broader economic factors. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.
