Alkane Inc (ALKN)

[eibbanker]

Joepup.. they have been filing Financials for 2 yrs..
You know there Balance Sheet and expenses..

Also, there O/S is 439 million shares..
Price is .275 CAD.

So that is .21 per share USD.. with 439 Mill shares or market cap of roughly 93 million USD. Please read my other posts today.. posts 6617 and 6611. Everyone is arguing the same thing.. we dont know the shares outstanding, they havent filed. you dont know the position.. period.. these other companies that you are comparing to have disclosed, and you know the ongoing operations.. I guess with this one (Tahera- it is still highly speculative regarding rev opportunity, but you do know the o/s and balance sheet/inc. statement and cashflows.. Like my other posts stated concerning say NSDM or DGM.. as an investor, what makes more sense a proven operation with institutional investors who have access to info and did due dilligence at the professional level or a company where u dont know that much about other than via PR.

Ask the question, how do you discount that value- that is what the current difference between market cap is like DGM ( 19 mill nsdm or 40 mill DGM- not sure about Tahera as I havent looked enough into it).