>>>>>This never happened it's a made up scenario you created. Once again you are trying to mix theories with facts. Fact is FRTL marketcap is $900,000. If and when the available facts change then traders like myself will re-evaluate. Also, if and when your scenario ever develops, who is to say Envit won't have made enough aquisitions to justify a higher market cap by then.<<<<<
I think my attempts at possible scenarios for the final share structure are probably more productive for the average investor than when you try to compare FRTL's non fully-diluted market capitalization as a shell to other public hedge stocks while conveniently not including the possibility of any dilution as a result of the preferred shares.
Yes, it is true that FRTL has a market cap of $900,000, but again that doesn't reflect the "true" valuation of the company which likely is much higher than that because the numbers you based your market cap figure on do not include any preferred shares acquired by Edward and they do not include any preferred shares issued to actually acquire Envit.
I'm just saying if you and others are going to insist on posting that FRTL has only 30 million shares outstanding and a market cap under $1 million, then you should at the very least in the same posts acknowledge the fact that you aware that some preferred shares exist, that you don't know how many exist, and that you don't know the conversion rate of these shares. Maybe some investors might like having this kind of information acknowledged up front in any due diligence posts that get spread around IHUB rather than just seeing only the information that portrays the stock in just the best possible light. You can acknowledge that the CEO told you that the shell investors are going to make out great on this stock, but you should also acknowledge that a lot of CEOs say things like that and until you actually see the final numbers you really don't know for sure what you are buying into.
That doesn't seem like too much to ask, does it?
