You do know that people are already expecting this thing to hit an OS of around 2 billion short term right? maybe even a little more than 2... but for argument sake, lets use the value 2 bil from now on when trying to calculate future share prices.
market_cap = (2 billion * 0.25) = 500 mil
- $4 mil funding from nigeria + 8.2 million dollar loan. ($12.2 mil loan... which will pave the way for things to get started)
- What is the expected profit at that time? (make sure you don't make the mistake of calculating revenue instead of profit...) I don't see profit getting over $100k/month at that time... (profit = revenue-expenses)
- Steve already stated he had NO CLUE why we ran upto .11 the last time... so your theory of momentum being just that great is flawed big time. (assumed OS at that time was 1.2 bil, so with an OS of 2 bil, you see us going over double over the .11 mark... ok... GO XKEM..)
- Not to mention the pending debts waiting to be filled once they make some profit... the prefiling showed they still owed pandey around $750k (in back pay and a loan that has accrued over $200k in interest)...
- There are resistance points at .03, .035, .04, .05 and so on... some of the resistance points are pretty big... and the share holders of this stock have already been beaten down a few times nicely...
These are just a few factors to consider before trying to predict a short term price target of ".05-.075" with no news... or ".25" with the combined loan of $12.2 mil...
That being said, I would very much like to see your dream of us getting rich come true (I still hold 400k shares)...
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