The company is trying to raise 1.3 billion to support its various ambitious projects.
Yes... I'm doing that too.
since it appears to be an unattainable amount of money to raise given the pink sheet status
Is it about the Pink Sheet status or the lack of any assets or production?
it seems that the old highs are attainable in the near future
The old highs were around .11 the spike to .16 that day appears to have just been a misprint. That being said there were also 500 million fewer shares out. So adjust a little for dilution.
No one can realistically project what the fair value is at this time but at a present low cap
Take their $17.8 million over 3 to 4 years. Discount it by a 5%... Cut it down some for the "honest mistake" that everyone here is going to refer to it as in the near future. Get yourself a reasonable NPV (Net Present Value) for the project and divide that by the number of shares in the OS.
You're somewhere around .005 in earnings maybe... assuming it works out like they hope?
What do you pay for that? We can talk about blue sky when they start executing on the stuff that's on their plate. Honestly the market's paying .025 for this stock... and it's plenty liquid. I gotta think that the fair value is established.
See where it goes from here, but you're going to need some performance at this point, not just PRs #76 through #176.