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Re: PNYPincher post# 8819

Friday, 10/24/2008 8:38:40 AM

Friday, October 24, 2008 8:38:40 AM

Post# of 37679
I think your calculations are basically correct, however I think their is an argument for the intrinsic dilution not being to bad.

If a company has a small product that is sold over and over because it is a consumable, say razor blades. If the price of on of these blade packages on the shelf is sold at a value that is equivalent to 0.0001% of the company, that is a more true ratio of price to sales ratio.

I agree for BNPD to be taken super seriously by the market as a stand alone (not bought out) company, it must do a reverse split, maybe 1 share for every 1000 or more. But that does not have to happen now. Right now it is most important for their business plan to be executed properly, proper stage-gating, etc., so that the company grows in a stable fashion. Then enough cash flow will be there to hire the accountants necessary to file SEC items needed to get on better exchanges.

A stock must have a $5/share price to be allowed to get on the nasdaq. It can fall below that, but for it or the NYSE if it falls below $1 for then it can be delisted.

This is still a start-up. Look at it that way. They need to build the company to a basic level of operations first. It is not quite there yet. If they truly are only cash, with no use of debt, that is great! This crisis the market is in will not effect them as much. But this could force people holding BNPD to sell to cover their margin calls. That is temporary and not related to the strength or prospects of the company.

What is, is if people cant afford to buy Bionic tonic because they or their parents lost their jobs.

So much more I could better address, but I have to get to work and just typing fast making typos and not explaining well.

Best of luck to all.

Dont panic.

Love life, it is all we really have.