Replies to post #2233 on Renewable Innovations Inc (REII)

[Tiger Money]

This needs stickied

[Drugdoctor]

$REII's-EV-tech-&-Hydrogen-Fuel-Cell-market-valued-in-tens-of-$BILLIONS.

So I went to Yahoo Finance and looked at market cap and outstanding shares of some of the companies in the sector and see just how undervalued $REII is - even if you assume all the shares in the preferred would eventually be converted to commons but still held by insiders.

https://finance.yahoo.com/quote/RIVN/key-statistics?p=RIVN

RIVN Market Cap (intraday) 15.25B - Shares Outstanding 883.4M
LCID Market Cap (intraday) 11.43B - Shares Outstanding 1.83B
PWR Market Cap (intraday) 20.09B - Shares Outstanding 142.9M
PLUG Market Cap (intraday) 7.58B - Shares Outstanding 582.9M

And I could continue posting these numbers, but I believe rational investors get the idea, that $REII's market cap could easily support a valuation in the $BILLIONS as it begins to roll out its products, and that valuation could be assigned by the markets before the company begins to become profitable, as in the above examples!