..."let's put it out again. And I'll probably do it again and again to hammer the point home.
At the peak on 08/12/2011 the highest PPS was $0.0843 which equated to the highest market capitalization PCFG has ever had of $62,865,262.48.
At today's current share count of 861,143,640 that equates to a new equivalent PPS of $0.0730.
Let's add in another 338,856,360 shares, which has the 150,000,000 VWAP debt conversion plus throw in another 188,856,360 for good measure.
Now we have a cool 1,200,000,000 shares outstanding.
The equivalent market capitalization PPS would be $0.0524.
This is not an argument that PCFG should continue down the path of continual dillution whether issued as a debt conversion or company issuances. I just want to make the point that even at 1,200,000,000 and if the potential of company is realized there is still an opportunity that the PPS will again appreciate.
There is only one thing that will catapult this up, fiscal results.
All this talk about dillution, debt conversions, PPS, shorting, it does not matter.
Market Cap, Market Cap, Market Cap. It's the only guide we have in an ever changing share structure."
I welcome diverse opinions and comments, but I’m not responsible for interpretation or ability to comprehend.
Occasionally I will respond to egregious critics (out of morbid curiosity).