Exactly. To state that GESI is going to go to pennies and suggest that the CEO has ventures lined up, when no details have been publicly released, is unfounded when a statement such as this can not be substantiated.
What if one of the ventures was to open a toilet store? Or a hot dog stand? Would that even support a market capitalization for this stock to be in pennies? It would not appear so, imo.
Share Structure Market Value1 $925,877 a/o Jun 13, 2014 Shares Outstanding 308,625,651 a/o Aug 15, 2013 Float 96,652,498 a/o Jun 30, 2012 Authorized Shares 490,000,000 a/o Aug 15, 2013 Par Value 0.0001
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