show me how you came up with $0.03
and the "price tag" on a share of stock is meaningless in the argument of whether a stock is cheap or not, fool. It's all relative. If Banro had 1 common share outstanding it would be valued at $120 million and all the idiots would be saying, "this is sooooo expensive, oh my god, that's the most expensive stock in the world"; meanwhile relative to it's assets it would be just as dirt cheap as it is now. So, your whole "CENTS" point is pure garbage due to ignorance of accounting fundamentals and share/capital structure.
In summary, after schooling you in that basic lesson which you clearly never learned in whatever bs business school you claim to have attended, please, do SHOW me how you get to $0.03/share. And after you do that, please send an email (with me cc'd, please) to BlackRock, Oppenheimer, Gramercy, Franklin, Toqueville, IG, Wellington, Wells Fargo, Canada Pension Plan, etc., etc., explaining to them that they overpaid to the tune of at least 1500% for this stock as it is only worth $0.03/share. Thanks in advance.
P.S. If you did attend a biz school, as you insinuated in an insulting post to another board member, you should consider suing to reclaim some tuition money. chart down = bankruptcy... baaaahahaahaha good luck with that
P.S.S. $0.03 x 252M shares = $7.5M...hahahhahaha I gotta see this valuation model
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