Replies to post #2679 on Simulated Environment Concepts Inc (SMEV)

[Welcome2Pinkyland]

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[Welcome2Pinkyland]

just my opinion -> the authorized was raised to 11 billion to use as collateral for debt. the new shares will enter the market only if they can not pay off the debt. but we know they had 6 million in sales this year and 20 million projected for next year.

imo -they will be able to pay back the loans with profit from the spacapsule and the os will stay at 85 million

float is only 24 mil

i will hold on to my shares - until I see the os start to increase

I’ve crunched the numbers and @ 85 mil – the pps is valued conservatively @ 26cents