InvestorsHub Logo
Followers 2
Posts 206
Boards Moderated 0
Alias Born 02/26/2014

Re: 420man post# 24418

Friday, 03/21/2014 2:52:19 PM

Friday, March 21, 2014 2:52:19 PM

Post# of 39962
... The price of the stock has no reflection on the company's assets. Even if market cap goes up to 60 million the company still only has 3 mil in cash. Just an FYI too, under SEC regulation rules he can't raise more than 5 million in 12 months with a regulation A offering and still be exempt from audited financials and the other SEC regs. Check out the SEC publication on micro caps.

Worst case scenario we're looking at 50,000,000,000 O/S for the next 9 months... And we already took 30 of that up the a$$ lol