Next question for the experts who have done their comprehensive DD. Where would you position Rotmans (inc. the soon to be merged Vytsar), alongside the list of competitors here:
By this I mean, who is their direct, peer-to-peer competitor on this list.
I guess the astute among you can see where I am going with this, but I'd like to know if the hyperbole that VYST share price can go up by 1500% from 0.07 to $1 (subject to uplistings etc), without a RS, is justified.
I'd like to compare the Market Cap, OS and Current pps of direct peer-to-peer competitors, with Rotmans-Vystar and see if there is just cause to project such parabolic uplift in the share price, in the near term.
This would be a unique company indeed if they can achieve that without some form of consolidation of the OS count to achieve that because, just suppose the OS is as given o OTC at the moment:
Share Structure Market Cap 22,482,546 04/18/2019
Outstanding Shares 312,257,582 11/16/2018
A pps of $1 would mean the market cap of the company would be >$300M which puts it on a par with:
Who's Market Cap though similar, has a much higher pps and lower OS indicative of industry norms.
Are there others that are a better comparison (you guys know best, you live in the US)?
Another consideration is this. Is Rotmans in any way comparable with these companies (or any at the link above), in terms of scale, or are they not simply a regionally focused small scale Furniture store?
Rhetorical questions to ponder on but a RS looks the more likely route to uplisting imho.
O/S is 600 million, A/S is 1.5 billion. Keep in mind that many of these are locked up and many will returned to the treasury and cancelled soon. And a lot of insiders have held and never sold a share, they know what's coming. Hope this helps.