Replies to post #30810 on Branded Legacy Inc (BLEG)

[stealth321]

Of course not.. your being way too literal. VATE makes minimal revenue..would have to go back and check but I think restated for 9/2018 top line net profit was about $50k for the qtr! That’s way to little in order to support a 450M OS. Plus there is no retail support.

OTC by definition is a swim upstream for retail stock investors. It’s a mechanism created for insiders who lend money at
.0001 acquisition price and cash out at much better PPS..so no real need for major price appreciation.

It’s all about revenue and valuation.
If VATE can quickly ramp.. not just on distribution deals, that’s nothing but short term pop if that, but actual revenue it has a chance and PPS will go up.
If not..it will be crushed by the weight of its own shares.