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SooS416

01/19/18 9:24 AM

#66151 RE: malvern #66149

That is insane, at $5 the market cap would be $350M for a compant losing money and less than $5M in revenues, I know of a large traded company that is a SaS cloud software company that has about $300M in cash on hand that has a market cap of $500M but yea a company that loses money, has next to no cash, has a highly leveraged balane sheet and does less than $5M in revenues should be valued at $350M