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holter49

10/03/18 8:59 PM

#34448 RE: SUNNYSEED #34444

Yes it is Sad and I just saw an Alkame/Amazon commercial on IH.
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NoMoDo

10/03/18 10:03 PM

#34454 RE: SUNNYSEED #34444

Pretty logical. RBLD has 91 mil shares outstanding and ALKM has 5.5 billion. That is what? 60 times more shares outstanding for ALKM. ALKM is not current. RBLD is.

RBLD formed a subsidiary that is a joint venture with ALKM. RBLD owns 66% of this joint venture and ALKM owns 33%. That joint venture means that RBLD will increase in value with every positive outcome of ALKM as well as it's own business. I also believe the two companies have more in common than just the joint venture. Watch and see.

Oh... and RLBD now has revenues... they just filed. $20k in revenues with a $10k net profit. Not a lot of revenues, but they are doing things right. There is a very large paid in capital. That means that their total liabilities are practically nothing.

I personally think that both companies are undervalued. ALKM will need to kick out another annual report sooner than later.