Replies to post #165506 on Good Vibrations Shoes Inc (GVSI)

[wulfs]

It quite literally says the LLC was already valued at $30M based on funds it already raised. Do you know how to read? Not only that, the news release says that GVSI would only have 35% equity in it. 35% of a 30M company is $10.5M. Even at .0078, GVSI's market cap is $16.5M so believe it or not, it's a simple argument to say GVSI is overvalued right now. Go ahead and bash me for this undeniable, basic math, and for reading the words of the news release.

https://www.otcmarkets.com/stock/GVSI/news/American-Blockchain-Corporation-to-Raise-15-million?id=429654

[Grouse Hunter]

That was the value of the last capital raise. No idea how long ago that was and what the current valuation is. Definitely higher than 30 though.

[Yolo]

So has anyone run the numbers to try to calculate the value of the company $GVSI is planning to invest 15 million dollars into?

Meaning the company GVSI is investing in is valued in the deal at 42.8M

This coincides with the not that previous investments valued the company at 30M.

Companies value is thus growing. After deal GVSI will own 35% of it (possibly less if WNFT gets involved)

https://investorshub.advfn.com/boards/replies.aspx?msg=173787874


That math works out. There was a first round of capital, at which point the LLC was valued at $30M. Consider this a "second round" that values it at $42.8M. If it is an actual company seeing aggressive growth, it could grow to $50-100M in a year or two.

But GVSI would own 35%, so that means $17.5M-$35M. Which is a problem, as GVSI had a market cap of almost $60M when George dropped the PR. The closing price today is actually in the low end of that range, and that's assuming that GVSI can raise the $15M without increasing the OS. So.....

[ZenTrader456]

What PR?