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Re: CaptainTripps post# 11968

Tuesday, 01/10/2012 11:35:53 PM

Tuesday, January 10, 2012 11:35:53 PM

Post# of 116986
It was a 20 million dollar company. If it were still a 20 million dollar company, even with all the dilution the stock should still be at .20.

Also, I think the asset sales are looked at as a big positive by everyone.

Lastly, with the dump age to sub pennies, brilliant digital (the note holder) converted note to that 90 million share dilution and will use proceeds of the sale of stock to clear out the note.

So at the end of the day, we are looking at a company with 35 million in revenue per year, no debt, plus whatever cash they can get from the sale of kazaa.

I think that sounds pretty darn good and should be able to get a much higher valuation than a 20 million dollar company. Not to mention every single person on the management team has been part of bllion dollar companies. Why would they be here if something wasn't in the works and about to break?
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