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Kraken3

03/06/14 12:40 PM

#1655 RE: Wizard of Wall Street #1654

They are all grossly underestimated.

wingtrade

03/06/14 12:44 PM

#1658 RE: Wizard of Wall Street #1654

The O/S is 47.6 million shares... that technically puts market cap here at near $40 million. HOWEVER, the recent Private Placement from January makes up 12 million of the O/S... and it has a 4 month holding period... AND the CEO owns millions of shares that further reduce the float. The fact is that the current float is under 30 million shares. THUS, at $0.75 pps, the tradeable market cap is no more than 22.5 million dollars... which puts Abattis in an incredibly strong position for move to multiple dollars in a matter of days. Abattis Rising!
http://www.cnsx.ca/CNSX/Securities/Life-Sciences/Abattis-Bioceuticals-Corp.aspx