InvestorsHub Logo

king koopa

04/16/14 8:45 PM

#15777 RE: pennystockeyes #15776

tough question, with the low OS the market cap is only $755K at .0155. a reasonable market cap with everything they have, while book value of assets seems to hover around a million dollars, their arsenal of products will be worth millions and millions eventually, I think this should be trading sideways in a $2-4 million market cap while awaiting catalysts, not trading sideways at a $750K market cap. the issue is just dilution if they can tone it back or get more non-dilutive financing until profitability takes care of everything then we'd be about .06 trading sideways right now while awaiting catalysts. the only thing holding us down is some dilution, although it seems to be pretty reasonable dilution, with that aside we are extremely undervalued. Last post for the day, great night to all!