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Re: allenc post# 118592

Sunday, 01/28/2024 7:11:02 PM

Sunday, January 28, 2024 7:11:02 PM

Post# of 120681
there may be more pressure, and the $ accumlating will buy down. Why not if sellers want to sell down here.

But consider, they got 5 mm unsecured, non dilutive... the cap value ( this is my metric for companies in this space), is... 5mm ( assuming 2.5 bil).

So if we give ANY value to company as entity and kona product, supply chain etc then AS A SPEC, way undervalued.

IF releases hold true, then an aquisition, or siginficant repositioning of the Kona line ( it IS a good product, ill give RC that), then a value of 10-12 mm cap now seems reasonable.

= 2.5 bil / 10mm = .004
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