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SooS416

06/23/20 8:51 AM

#33873 RE: Honolulu Trader #33872

Could be they could also have zero debt and be very profitable

The company has also made comments multiple times about not wanting to carry debt

Funny though, one looks through different lenses different places, who is the one in the land of Oz at SP0M? Mere numbers on a website are enough to emote the gospel of riches even if the actual financials prove otherwise

SooS416

06/23/20 8:52 AM

#33874 RE: Honolulu Trader #33872

Somehow making generic statements not grounded in anything makes one a "real" investor

Should we list all of the possibilities both good/bad based on pure speculation? Does that make one a real investor?

And this is the OTC, there are no real investors only people taking risks based of risk/reward profiles of the stock

gemstone57

06/23/20 9:02 AM

#33875 RE: Honolulu Trader #33872

The company has stated they were acquiring companies with (little to NO debt) MVNT...no pump no BS

SooS416

06/23/20 9:06 AM

#33877 RE: Honolulu Trader #33872

Current market cap is $3M, even if they have debt not much is needed to prove the value higher than $3M, we know velocity alone was doing over $5M in annual revenues, that they have invested of $5M in equipment and so on with a valued of $3M

But somehow a company with $6M in assets and revenue run rate below $30M should be valued over $60M, would seem to indicate then we are really undervalued at current prices based on that comparison