Imiola....you're definitely a technical investor. But, you may just be pleasantly surprised that your calculations equal what the pps might be once a new symbol is announced and tradable!
I just was referred to another penny stock with 500 million o/s and about $ 20.00 in revenue. AND it's trading at about $ .18-19 . Way above their market cap!
IMHO I wouldn't be surprised to see $ 2.50-3.50 a shares once nfo is announced!
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