Exactly - savvy traders have not lost sight of the fact that this is a long-term trade for all the multiple lines of business development to play out over the weeks and months ahead to work towards realizing the CEO's market cap estimate of a market cap of $200M - which even at the current O/S, as reduced recently by 100M, is equivalent to a pps of .0155.
Many amateurs confused the reduction last week by cancellation with the buyback that is ahead - note how some bashers kept referring to how could last week's reduction be done with the cash at hand.
The share buyback is planned to be done with the profits from the first movie.
Also, the Annual Report is irrelevant as a lot of cash is known to be coming in during 2024:
- $100M in primary funding.
- $50M in secondary funding.
- $20M via the EB-5 Immigrant Investor Program.
- $400K from the first 2 x ABA Canada licenses sold.
Also, those that chose to attempt to defame the CEO continue to post complete nonsense claiming that none of the subsidiaries in the $PSRU portfolio exist despite the fact there is known output from each of the subsidiaries such as (list not exhaustive): TV programs made, film rights owned for wide distribution - including across the entire continent of Africa - and games for sale.
All this is explained in the continually updated authoritative Overview:
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