Question? if i were to take those approximate 200 million shares outstanding and divide it by a 8 million net revenue figure. Shares of BIHC would be worth
8 million divided by 200 million shares= a PPS of .04 cents per share!
OUr good KINg Mr. galo has said he is bringing down the shares to 80 million. So if the company makes only 4 million now in net revenue, If i divide 4 million by 80 million shares i get a price of now .05 cents per share!
And i dropped the Revenue net 50% in my example, to allow a lesser amount of net revenue for a more business honest guess!
I see pennies here!
Anybody have any ideas on This share accounting practice of finding out how much shares are worth? It's hard to say the for sure when we don't have those Revenue net numbers in, but i can hypothesize, and use numbers to see what could be! And i would appreiciate any advice from other ivestors, this is just my opinion!
I've Done some DD and formed an educated opinion. I suggest you do your own DD and make up your own mind.
