Does anyone believe short term that this could happen? Based on Rontans financial documents submitted with the SPA 2015 revenue and using an OS for GDSI of 700m. The fair market price for GDSI shares with a PE of 6 will be in the $1.02-$1.15per share range.
Yep, it went that high, and then they got sued for fraudulent claims, and they had to settle because one of the fraud claims was regarding the Rontan acquisition that GDSI could not afford to close.
Facts matter :)
People forget but this stock blew through 1 dollar a few years ago. Believe it was $1.40