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S&P 500
5,346.99
(
-0.11%
)
US TECH 100
18,488.00
(
-0.25%
)
Dow Jones
38,798.99
(
-0.22%
)
Brent Oil
79.40
(
0.00%
)
Bitcoin
69,423.55
(
0.13%
)
Post# of 129051
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Art Vandeley

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Art Vandeley

Re: qwertytrader post# 65550

Tuesday, 05/01/2012 3:10:45 PM

Tuesday, May 01, 2012 3:10:45 PM

Post# of 129051
CBIS market cap is aprox 60 million, there are 600 o/s as confirmed by the transfer agent. This stock is WAY over valued and before someone chimes in and says how much is curing cancer worth, I will answer billions, but not until they get FDA approval to do so and start generating billions in revenue, until then this stock isn't worth the paper its printed on let alone $60 million.


Right now CBIS market value is approx 40M which is based on speculation. Even projected revenue cant justify that until 2014.
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