If there is a 1-1000 reverse split, the current 0.05 = $50 per share. It isn’t impossible. It depends on how many shares there are and what news comes out regarding Ostendo. You might be loading up the next Apple/Intel right now. Or the next BetaMax, VCR.
According to them, “Ostendo Technologies has a post-money valuation in the range of $100M to $500M as of Dec 30, 2014, according to PrivCo.”
It has been 8 years since that evaluation. It looks like they’ve raised at least $210m total and they now have possible government contracts, upcoming products and several hundred patents.
If you just take the amount of money that has been invested in Ostendo as its valuation, the price of Ostendo with an OS of 10m shares after a 1-1000 R/S (and some private offerings) would be $21.
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