Thursday, January 23, 2014 2:37:49 PM
The low float will definitely cause a sharper rise than expected but I wouldn't be surprised if they had more share offerings once it is on the NASDAQ, as that is what most companies do when they have such a small float. I would guess closer 150-200%.
Just keep in mind that the stock has already gone up over 850% over the past year and still need more revenue to even justify the current share price. Real stock brokers value stock based on financials more so than hype and potential, which is how OTC stocks are generally valued.
When the Q4 number come out soon, we will get a better idea of what the share price could reach.
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