So a company should be trading at less than a 3x price multiple?
This isn’t “the market”. The pinks is “A” market and it’s a vile cesspool at that. It does not deal in fundamentals whatsoever.
I’ve made more money on caveat emptor, shell risks and custodianship plays than I have on the big boards. Because there’s hype for a week and then the stock dies.
Of course "something new can rear ugly head". This can happen in ANY life endeavor! So. we should run from FUNN because???????? I once developed a mining infrastructure...only to have Idaho Environmental folks declare a species of bird as endangered. WE COULDN'T GET PERMIT TO MINE! Shix happens. With FUNN, all looks good to go at this point. We go with the odds and expect the best..Hope & expectation is good for the human spirit. To hope for the worst destroys soul & spirit!...NO THANKS!