...and this is only 1 of many comparisons. I am equally baffled and frustrated how these 'nothing' companies run up to dollars and higher as dark, defunct, bloated, non-recurring hype companies. Proof of Stupidity is a very real thing that unfortunately pervades the OTC to a massive degree. I think AXXA will easily reach dollars eventually, and likely very soon. It just boggles the mind why it hasn't happened yet.
Penguin, you’re in my brain space. I took most of my BFCH out to put into AXXA. I figured it was not as sure a thing. And not pink current yet. I’m not too miserable because I know what I have coming down the pipe, but would not have minded a 7-course meal this weekend. Hehe
Ok I see, I believe you do need to control for the fact that AXXA has twice the number of outstanding shares so you need smaller pieces of pie. I’d cut your PPS in half and still be stoked with $6.
I don’t think $6 PPS is absurd. They’d be a $3 Billion (check my math) company at that point and that seems doable within a few years or less.
I still feel the only risk here is they are lying about the business but every time they present at a forum and make good on a promise and answer public questions and act human I am less suspicious. Been here almost 4 years. Buy and hold - forget.
Every dollar invested here today (not last month) could very easily be worth $60 in just a few years time. And at that point we’re a $3 Billion company which I don’t think is very high.
The Downside risk is nothing compared to the upside Possibility. I currently hold more than $100k of this stock.