Hi Fed,
Market cap of 7.1 Mil is actually quite reasonable when you count where they are today.
If you start counting speculative things like delivery of the 10x/100x project and Auric then yes if we start imagining a nice forward P/E the market cap could run higher.
But if you look at financials today, the market cap is fair. The nice thing about this, is it means we have good support, because if it goes down any lower it will start trading well below fair value.
Read my post I wrote a couple weeks ago about how a company the size of ITRO has to expand The good thing is, they are doing the right things now and WHEN the revenue really starts coming in from these prjoects, that is when you will see this stock truely explode.
As we get closer, and rumors and the word starts getting out, we may start trading on the speculative and on the future P/E.
The unfortunate part is we have to wait, quarter after quarter and maybe year after year for the business plan that is in place to start bringing in more revenue.
This isn't really that unfortunate because we have a company trading at fair market, with good future and at least a 30% growth rate.
Sure I'd love to see this thing jump up to 1cent tomorrow, but I think we may have to see these projects reach fruition and the earnings soar before we really see something like that.
This is where the patience comes in. It may take that long, or it could be some big money gets word of what's going on and it could should up tomorrow. Or even a bunch of little guys could get the word and start accumulating.
All of that said, I don't totally disagree with you that if ITRO hadn't been so diluted in the past, we may have had more speculators driving up the stock past it's true market cap.
