![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Thursday, June 05, 2008 11:29:09 PM
Maybe you should take a look at the market cap for Sina, which is about 3 billion, comapare that to a market cap of 9 million for buzz, then compare the alexa numbers for each (sina has about 6 times the traffic volume of buzz). So sina has 6 times the traffic, but 300+ times the market cap?
....oh, you say but that does not mean buzz is making money? Without an audit, we can't know for sure. But consider this: in the last year, buzz has issued no new shares, and in the last two years they have issued approx 18 million. Therefore one can conclude that they have no need to raise capital through the sale of equity.
So if they are not raising capital through share sales, where is the money coming from to operate the business???? Maybe, just maybe, they are making some from operations?
Kona Gold Beverages, Inc. Announces Strategic Initiatives and Corporate Direction Changes • KGKG • Aug 2, 2024 2:00 PM
POET and Luxshare Tech Expand Product Offerings for Artificial Intelligence Networks • POET • Aug 1, 2024 9:28 AM
Management Discusses Financial Filings of Global Arena Holding Inc., for 10-K 2023 and 10-Q, 1st Quarter 2024 • GAHC • Aug 1, 2024 9:14 AM
VAYK Announces LOI to Acquire $1 Million Home Service Company to Support Airbnb Business • VAYK • Aug 1, 2024 9:00 AM
Duane Forrester Joins INDEXR as SVP of Search • MONI • Jul 31, 2024 11:46 AM
Lingerie Fighting Championships Help Fulfill Death-Bed Promise With First Major Motion Picture • BOTY • Jul 31, 2024 9:00 AM