The stock is trading under a presumption of 722 Million shares and a business model creating $50 Million in revenues. if the 722 million is 2.7 Billion the PPS is overvalued. If the $50 Million is $5 Million the PPS is overvalued. If the O/S is 2.7 Billion and the Revenue is $5 Million it is severely overvalued.
This is why the SEC has halted trading. because you can't accurately trade the stock with the suspicions in the company, revenues, and O/S.
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