Replies to post #36269 on Logiq Inc (LGIQ)

[Welcome2Pinkyland]

My guess is the PPS should go up post split/TRC merger. Until then, I have my dumb money on the bid @ .0001 waiting for the smart money to sell me their shares. the estimated value of STOA's PPS ($9.96) and share structure-post split / TRC merger is below:

250m A/S
O/S 7.83mil
Float 306k
restricted shares
magic glow 326k
ad2 200k
TRC 7.2m

Profits $2.6mil

$2.6m / 7.83m = .332 EPS

.332 x a factor of 30 puts the estimated value PPS @ $9.96

[Welcome2Pinkyland]

If anyone really believed that, even just 2 or 3 people, I would get my .0001's that were assured to be on the ask- there would be a selling frenzy right now. The volume speaks volumes.