This is a dumb management for sure. It looks like they don't give a shit as they own 70% of the shares. It's a public company and legally they need to update shareholders.
That’s my point, it’s at .007. If you are not loading here. Then when. Something is a miss.
Yes this entity has less revenue and less net profit with more outstanding shares than the previous.
Look at April-June 2020. Close to 8m revenue and Nearly 400k in NET profit for the quarter.
We have no idea where the current numbers are generated from. We have nothing to compare it to.
All we really know is there are 130m more shares outstanding (a 50% increase) than there was previously.
.05 (a Nickel) from here would be about right for the numbers. That’s a 700% return. Medical couldn’t move the needle after 3 years. That’s why I think $1 is a huge ask right now.
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