Bioelectronics Corp (BIEL)

[GetSeriousOK]

Here's a company with 30.4 billion O/S

(They're not easy to find)

GTEH

https://www.otcmarkets.com/stock/GTEH/disclosure

They issued 30 billion of those 30.4 billion shares in an 8-month period.

As of June 30, 2022, the number of shares outstanding of our Common Stock was: 30,494,218,412
As of October 31, 2021, the number of shares outstanding of our Common Stock was: 428,605,234

Market cap Oct. 31 2021 when they only had 428.6M O/S: $385,745
Market cap on June 30 2022 when they had 30.4B O/S: $3,049,422

That's right. They destroyed the share structure in eight months by issuing 30 billion shares, and their market cap increased from $386,000 to $3,000,000.

Still think valuation is all about market cap and nothing else?

Today, they're Expert Market, and the PPS is so low that their market cap is currently $787 (yes seven hundred eighty seven dollars). But on the dates I gave you above, those were the market cap valuations. Look 'em up.