Development stage stock - especially after aersy of delays of any reveneues and endless dept - usually do not show such mc. The reason why this mc is accepted by so many sdhareholder is just the fact that PLPL is a biotech-stock (which it isn't imo) and because Shively is involved. Just those reasons 'justify' (not) such a mc.
However, we have a different standpoint, which is ok. But IMO hopes in Plandai until now is not worth more than 15 - 20 million. This is how this kind of high risk pennystock in this stage of development are usually valued - and even lower !
By the way, development stage stocks can be found at NASDAQ as well ..... but many of them did delivery revenues already and nevertheless have a mc of same height as PLPL, but based on much lower OS.
I speculate on the fact, that many pennygambler believe in everything as long as they are part of a game. This hopes and phantasies are worth to be used by expereinced speculators. But it is true, who care whihc mc is right for PLPL as long as tons of dummies buy PLPL and make other rich.
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