Tuesday, April 09, 2024 6:56:21 PM
Lemme make a guess, in a year from now, after they publish this year's delinquent year end report, and then next year's, the revenues will have risen by as much as 3x, based on their acquisitions and increasing revenues.. BUT their losses will remain significant, Settingsand the o/s will be close to 108 million---10x what it would be today if the r/s had dropped. Assuming the mkt cap has gone to $5 milly, that would place the stock at 5 piddling cents... a 50% haircut.
Mark this post... I bookmarked it. If I'm still interested, maybe I'll remember and revisit!
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