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Traderfan

09/21/20 1:37 PM

#715 RE: palaypu0406 #713

While the historical data may not present the true and fair view of the worth of the company in its true intrinsic value, the release of business plan and financial forecasts will help the readers estimate the value and worth the historic period capital spent helped the company progress into. These Financial Statements in Historical Dollar Terms may not mean much as these four years have gone into the company in asset research and identification and consolidation of knowledge and knowhow to aggressively step into various opportunities and verticals of business. However the resulting effect is deep.


Yes we understand that, nobody is questioning that, it is a smart move.


Also there is a reason why we said, we will file both unaudited and audited financial statements. This is to avoid any further delay pending audit submissions.


I guess our point was only that nothing but the audited 10k's count for the SEC when it comes to being delinquent with the suspension risk. So the SEC needs to be informed that there is a fixed plan as to when the audited stuff is ready and they need to be ok with it, there has been a ton of suspension again lately, for companies who are delinquent much less than ITUP is time wise so this is an essential point for all of us. It's not that important what is in these filings, it's the filings itself.


On the stock performance, subject to things working out as estimated, we have estimated the valuations @ $10 per share on a 504 million stock but issuing the shares to the new shareholder @ $2 per share post split valuation technically expanding pre-split stock to 16.8 Million shares which gives scope to the new investor to earn decent wealth appreciation when the financial period closes.


Ok, I was referring to your statement that fair valuation pre-split is about 60 bucks in your opinion, if you think 10 bucks post-split is fair then that would be 300 bucks pre-split if you wanna do a 1-30 FS. Then I can see the discount at 2 bucks.