Thursday, August 22, 2013 11:25:24 AM
Market Capitalization is only $1.6 million, that is what the stock price is saying that the company is worth and it is dead wrong.
You can't buy this company for $2 million, or $4 million or even $10 million or $20 million for that matter.
.05 a share or $40 million will not do it either it has been tried.
Eventually the CD conversion will end and we will see if the market can get the valuation right, but it will take revenue and profits to do that and we will be there by year end when we go cash flow positive and the value should be more in line with $100 million to start, or about 12 cents a share.
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM
ECGI Holdings Announces LOI to Acquire Pacific Saddlery to Capitalize on $12.72 Billion Market Potential • ECGI • Jun 13, 2024 9:50 AM
Fifty 1 Labs, Inc. Announces Major Strategic Advancements and Shareholder Updates • CAFI • Jun 13, 2024 8:45 AM