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Adjustedtosteep

01/29/21 5:56 PM

#41748 RE: Jbon #41747

You could be right but i'm not certain that even plays a part in the plan. I think when they sold those shares they believed a two year restriction would be fine and be received well. And it was. I don't believe they are waiting for that restriction to proceed with progress.
Look at what they have done so far.
2019
And now we will "Soon" learn what's happened since then. I know I continue to see revisions to the web site. Just little things here and there.
I know everyone here wants it to happen tomorrow. So do I. But in reality I see it this way.
They will at some point hit their target of 100M in revs. If the share structure remains constant which it has so far.
100M X 25% margin = 25M give that a conservative 12PE and we have a 300M Market cap which translates to .9483.
That is base net... No forward looking.
With MOMO it's a $3 stock
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Adjustedtosteep

01/29/21 6:21 PM

#41749 RE: Jbon #41747

I forgot to mention. No dilution. Ever!!