He said .02 not .20 which I think it could very well go there or higher with enough momentum. I mean look at GOIG, ZVTK , ATNP, the company was not worth what the stock was trading at their peaks of their runs. But if you think about it most companies are trading above what they are worth.
Your math is right, but it seems to me you arent factoring in the investor aspect.
So FHH Sino buys 60% of the shares automatically taking us to .0054. Your leaving out the uncontrollable and unforseeable volume brought on by R/M news.
IMO, if this R/M gets the the attention and thus the volume it deserves we could easily see pennies. Im just not sure that day will be tomorrow, but we'll see soon enough I guess.
I agree the .2 is a bit out there for the short term but the .02 everyone is kicking around is very attainable with the current share structure - its basically book value (based on common alone) as it was stated of FHH Sino in the 8k. If this company really is state backed, and growing as well it probably wont trade at book for very long and will end up trading at a earnings multiple which could put it at .04 or more. p/e ratios can get out of hand so conceivably - if they really hit theyre stride after becoming public and traders speculated it up it *could* go a lot higher - wouldnt put it past them to R/S though before that if they really do have aspirations of uplisting sometime down the line.
holding out for .02 is a very reasonable play - would be lots of ups and downs on the way there of course.
not expecting any PR's tomorrow - just waiting for them to drop an 8k someday when nobody is expecting it and boom - let the fun begin. so much upside.....so little down.
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