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bigballer_sa4

07/14/18 2:43 PM

#4096 RE: Somadog #4095

Bottom line is they need to put something out on the market and it needs to do well. The updates of the progress in development is nice but until it starts bringing in revenues, your just racking up bills. In the meantime bigger companies are putting their technology on the market. The honestly really need to focus on getting the orb into as many hands a possible.

In all reality with 135+millions shares outstanding a $5 prices makes this a 678+ million dollar company. The most recent financials shows 12.7 million balance sheet with only 6.1 million in stockholders equity. (I won't even get into the intagible assets or goodwill). Given the current financials, unless they have something hidden up their sleeve I don't see the stock being worth $5 anytime soon.

Note I said "worth", it doesn't mean $5 won't happen. The $5 can happen with further pumps.