Retiring shares? So they give out billions of shares for services and then cancel the contract and take back some shares? Doesn't do much for me. At least they didn't call it a buyback.
APCX traded at .0002: -BEFORE all of its debt was vanquished -BEFORE its assets were greater than liabilities -BEFORE it retired 2 billion shares -BEFORE it started selling apps -BEFORE it acquired Oronco and made $165K in the first 45 days of business with $3 million annual projected revenue
Clearly there is a need for a PPS adjustment from .0002. Why would a debt-free revenue-generating business ever trade at the same PPS as when it made zero revenues? That makes no sense at all...