that has nothing to do with the stock price, stocks trade 50 and 60 and 70times anticipated value....
and in an industry like MJ, those numbers are exponentially higher because the industry is untapped....
fact is this went from the .60's to 3.45
its back down now because there is no question that there is share selling
but when they are done, this is goin back up
its just a matter of when the dilution stops...
to get a license in the MJ business is not easy,
that alone is worth a few million dollars
so 10million is not a stretch
if they wanted to simply sell their license to a buyer,
they can get 2 to 3million for it on the low side....
you can bash all you want,
but getting the license is a major deal
dilution is not fun
but it still can be played around....
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