First of all, of the 19.8 B shares outstanding, about 7-8 billion are restricted.
Secondly, the approximate net asset value of the company and enterprise value is about $5 MM without ANY multiple given to this stock. These are my calculations based on the numbers I have seen publicly and from what I can tell based on where the company is today. This is MY calculation and should be taken for what it is worth.
In my opinion, if YNGR stock does not recognize the value of the underlying company, then management will take the company private and people will still make good money who own the stock.
Lastly, according to Manny, the company has NEVER hired a consultant, so while I invite PDQ to continue to comment because all sides are should be noted when making an investment, someone is not telling the truth.