No problem about it Bucks, just dont call me sir, I work for a living. Thinking about the specific metrics more and giving some value for intangibles and goodwill in the case that said acquisitions do go through I could give Smoky a market cap of 17M max.
Honest range of value would be 12.5M-17M sustainable market cap. Thats being generous. Remember Smoky has nothing to bring to the table except some experience and IP and unfortunatly, current liabilities.
The cumulative actions of Smoky Market from 2008 onwards make me skeptical that traditional financing will be secured. Of course this opinion is well known and since Im not short here I wish you all the best of luck in me being wrong.
Apparently some here from conversations I assume feel that the financing is close to being fait accompli. Fair enough. If financing even moving towards the completing of recent goals of mgmt are started with, say one production facility acquisition first, then I think the stock price has some upside value.
One must weigh for themselves the probabilities and the risk/reward scenarios and make their own call.
Best in all your ventures Bucks.
News 
Market Data 
Discover 
AI
