Lecere Corporation (fka LCRE)

[riverandfold]

well, it's all about company value. If you go by the total O/S which is approx 9.3B right now, that give you a company value of approx $5.6M So, if you believe in the product, the mgmt team and strategy, you'll need to make your own estimate on how much you think the company WILL EVENTUALLY BE WORTH at the current O/S of 9.3B. (also keeping in mind that 5B are restricted MGMT owned, but I am still assuming the full 9.3B).

If you think the company will be worth 50M in a few years? then at 9.3B, the share price will be .005. I, for one, am expecting this mgmt team will retire most, if not all of those 5 Billion Restricted shares once they start having money flowing in from operations. That brings the O/S down to the current float of approx 3.5B (2.7B plus the recent 800M dilution = 3.5B) So that provides a new SP, if worth 50M in a few years, at 3.5B shares = .014 pps

Now the question is, will the SP reach that level without any share structure changes...maybe...maybe not..if it does? I would consider it overpriced and I'll sell the crap out of it...however if those restricted shares are retired, the .014 is it's true value (based on the premise that the company is worth 50M in a few years)

That's my outlook on it...all of course is my own opinion.