And that does not factor in the issue that icnb only owns 51% or that rich has his back door preferred Ds. There for this is way overvalued right now. In my opinion.
You are correct that 2X is normal, but not usually for fast growing. I give this one 5X, but subtracting the 49% owned by others and using the full diluted OS (debtor shares Plus Pref Ds once converted) or 3.2B shares. You’ll find that valuation is still about $.003 right now. One can also use your 2X and forecast out 2 or 3X Sales in the future years and end up the same $.003.
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