This is why it is a good consideration to review market cap / revenues / anticipated growth.
Simple ratio- if the co is going to do 10mm, with an ongoing demonstrated rate of growth ( ie by 3rd qtr show continued exponential growth into 2023)… than what are shares worth?
Right now .02 = about 23-25 mm cap.
Current 6 mo revs 3-5mm? If growing into 2023 that is reasonable if…
Debt? Be great for co to outline path to break even.
Of course if more shares the price adjusts
But for all stakeholders the key is real exponential growth , repeat orders, marketing transparency, Ad? / promo plan.
The next 6 mo’s the actuals will tell the story
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