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Wednesday, December 07, 2011 10:19:11 PM
Another question, with over 1 billion shares OS, no one can really say that we are going to a certain price without know the financials of the new company. I saw earlier someone posted that their revenue is ~1 million.
Some of you think this will see a penny in the near future. Let's say that there is 1 billion shares outstanding, at 1 penny the company would have to be worth 10 million. Counting debt and everything I don't see how this is worth close to that (of course, we don't know the numbers yet). I think a more realistic short term is maybe between .001 and .0025.
I know some of you are just posting positive messages to combat all of the negative ones. I just wish both sides would take a break for a bit and talk about the information we do have.
If medical marijuana is ever legalized on the federal level instead of the local level, what would happen to this company? Wouldn't the FDA step in and take over the role? It's just something to think about, but that event would be at least several years away.
Sorry for the long post, I only get 3 a day :P
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