Share counts do not matter. Only market caps. Think market cap. Have a great Saturday folks.
Market caps are a reflection of earnings expectations moving forward.
For example, SIRI was recently valued at over 12 billion dollars with about 1.7 million shares out fully diluted. It traded way higher in market cap than XMSR with less than 300 million shares out.
Earnings for SIRI are nowhere in sight and the market cap from the peak is down over 40% from highs last year.
MMXT can be profitable this year due to low operating costs....costs that can remain relatively fixed as revenues go up in a linear or even exponential way.....exponential revenue and future earnings growth....that is what we dream of as investors looking for the next EBAY type stock.
bobhouse all kidding aside, its obvious your a large shareholder and would just like some solid answers as to whats up and where we are going. I use the term pound sand if you ever want to get the real deal in the past. Your questions are great your need for info is shared here. Nice to know someone else holding a boatload and waiting for it to come to port. I'll see ya at the shareholders meeting, if i didn't already see you at the open house, you can bet with my investment here i show up.
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