InvestorsHub Logo
Followers 12
Posts 2636
Boards Moderated 0
Alias Born 02/18/2010

Re: Dragon5 post# 34355

Friday, 10/01/2010 9:15:57 AM

Friday, October 01, 2010 9:15:57 AM

Post# of 76214
The PPS as a nominal value is utterly unless you consider how many shares are outstanding and thus arriving at the MARKET CAP.

A PPS at .0008 with 100,000,000M shares outstanding is NOT the same as a stock with a PPS at .0008 and 2,500,000,0000 shares outstanding.

One has a market cap of $80,000 the other $2,000,000.

GDHI has a market cap of $2,000,000 with just $276,796 in shareholder equity.

Looking only at PPS and not looking at shares outstanding and hence the market cap is irresponsible advice.

The amount of shares issued, outstanding, etc, are MEANINGLESS with the stock at these prices