Posted On: 02/05/2015 7:23:36 PM
Post# of 102283
$DIDG Its amazing that people put such a low valuation on DIDG shares. Its as if they believe that the tooth fairy can waive a magic wand and a diverse company such as DIDG should come together. DIDG is a development stage company based on expenses from July 2012 when company was launched to this date. Last pr. mentions that expenses in 2013 were $4,942,160. In 2014 $2,185,104 were spent. Combined development expenses for those 2 years was $7,127,264. I could not find any record of expenses occurred in 2012 but I do know that a share exchange with an existing mining shell company involving 20M DIDG shares occurred. I have read that a clean debt free shell will fetch $1M in the market for startups. Combine value of shell @1M value with development expenses of past 2 yrs you get a development expense of roughly $8,127,264 to. If you factor in that the share count A/S is a little over $1B you get a share development cost on existing shares of almost $.008 per share. People are dumping their shares at a fraction of the development cost. People unloading their shares for no reason at all are going to be in for a shock soon when potential revenues become a reality. Your next 10 bagger!!!!!
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