I agree with you that funding isn't going to poof out of nowhere. However, I think it's just as flawed to assume the perfect funding situation as it is to assume that the funding will be complete toxic dilution. They can't get enough funds using toxic financing. IN MY OPINION, this whole thing goes away/falls apart if the ONLY type of funding they can secure is toxic financing. In that case you are correct, we'd see MAYBE .04 in production or maybe not even that. But there'd be ZERO reason to invest in a sub-penny with no current operation and assume so much risk if you believe that the ceiling is .05. According to what you've said, you've purchased a good number of shares between .004 and .008. If I was so sure the ceiling was .05, I don't think I'd make a lottery pick type investment in this stock to just get MAX 10X return on my investment.
The lottery play here is this: They MUST secure non-toxic funding or it's OVER. It's ok for them to get smaller amounts of the toxic stuff while they pay their upkeep bills and begin to dip their toes into pre-production waters and while they set up a long term funding situation. It's ok for Asher to dilute 20-30% of the current market cap while that happens... but it cant BE the long term solution. I'm long on this because I believe they will acquire a NON TOXIC pre and post production funding solution that will leave the share structure MATERIALLY similar to what it is today.
This thing needs to get into production with around 500M A/S sometime next year. Then we can see what the cash flow is, figure out what it should be valued at (based on estimates prob around .18-.25) for example and then watch the pps / liquidity grow and get nearer to that number.
That being said, I'd still NEVER EVER invest a single penny in a sub-penny stock that I wasn't willing to lose my entire investment. If you want better prospects than a sub penny, there are plenty of good companies out there that can give you an 8% return on investment. It's kinda funny watching as people with a 2-5 thousand involved freak out about the companies prospects. Um, HELLO, you put a few thousand into a SUB PENNY. It's sub penny specifically because it has issues that some are willing to gamble upon. Then you've got the other end of the spectrum, people who spend half their day posting negative about a SUB PENNY stock... Do you know what the biggest RED FLAG of a sub penny stock is....??? It's price per share is SUB PENNY!! LMAO
You know you are caught up in sub-penny investing when your gold mining stock used to be a cinnamon bun maker, a technology company, and an online auction site!
