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Wednesday, August 19, 2009 11:17:58 AM
Market Capitalization, Wireless Age Communications, Inc.
Market Cap = total number of shares issued and outstanding x current pps.
In context with Wireless Age Communications, Inc.:
Market Cap = 27,600,000 x $0.14
Market Cap = $3,864,000.
Below is a list of 14 competitors in the OTC market. The key to comprehend here is that virtually every renewable energy technology is in competition with one another. The following table illustrates how companies in and around (some further along, some lagging behind) the same stage of development as Wireless Age Communications, Inc. have significantly larger market capitalization.
The average market capitalization among competitors is $33,503,500. Based on 27,600,000 as the total issued and outstanding (once the cancellation of restricted common stock takes place), Wireless Age Communications, Inc. would need to trade at $1.21/share to meet the average amongst competitors at the same level of development.
Market Cap = total number of shares issued and outstanding x current pps.
In context with Wireless Age Communications, Inc.:
Market Cap = 27,600,000 x $0.14
Market Cap = $3,864,000.
Below is a list of 14 competitors in the OTC market. The key to comprehend here is that virtually every renewable energy technology is in competition with one another. The following table illustrates how companies in and around (some further along, some lagging behind) the same stage of development as Wireless Age Communications, Inc. have significantly larger market capitalization.
The average market capitalization among competitors is $33,503,500. Based on 27,600,000 as the total issued and outstanding (once the cancellation of restricted common stock takes place), Wireless Age Communications, Inc. would need to trade at $1.21/share to meet the average amongst competitors at the same level of development.
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