Posted On: 02/05/2015 6:10:30 PM
Post# of 1609
Unfortunately, it always seems to happen that there becomes an "us and them". And to a crazy degree. I want to see this thing take off, but I also know this is a pink sheet stock and its all a gamble, but why harp on the same thing over and over?
What I like about this board is that we can talk about what frustrates us about the stock and what we hope will happen without getting jumped on by the opposing camp. We're all in this together.
Blueskies, I agree, why go through all the hassle of getting FDA approved and CE mark and then starting initiatives, etc...if you don't intend to get the company moving forward. I don't think it's so they can sell more shares.
I do wonder what the company is worth if they were going to sell. I'm thinking about it from a price/share point of view. $50mm for the company works out to roughly $.025 per share ($50mm/2billion). Is the company worth $50mm? I don't know. I hope so, but what if it can only command $5mm. That works out to just $.0025 per share. I need .0035 to break even.
Any thoughts?
What I like about this board is that we can talk about what frustrates us about the stock and what we hope will happen without getting jumped on by the opposing camp. We're all in this together.
Blueskies, I agree, why go through all the hassle of getting FDA approved and CE mark and then starting initiatives, etc...if you don't intend to get the company moving forward. I don't think it's so they can sell more shares.
I do wonder what the company is worth if they were going to sell. I'm thinking about it from a price/share point of view. $50mm for the company works out to roughly $.025 per share ($50mm/2billion). Is the company worth $50mm? I don't know. I hope so, but what if it can only command $5mm. That works out to just $.0025 per share. I need .0035 to break even.
Any thoughts?
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