(Total Views: 233)
Posted On: 07/16/2017 10:30:49 AM
Post# of 2840
That Valuation model wrong imo because #1 they have
no cash #2 they have no access to regular financing
as a stinky pinky #3 they have YUGE start up costs
in the MILLIONS for the next few months
and only a trickle of revenue coming in so the only
way to pay for that is with MORE MASSIVE DILUTION
like we've seen last 3 months.
Watch the AUTHORIZED SHARES get RAISED to
at least 10 BILLION in the next 30 days and then
the O/S will steadily move up to that level.
no cash #2 they have no access to regular financing
as a stinky pinky #3 they have YUGE start up costs
in the MILLIONS for the next few months
and only a trickle of revenue coming in so the only
way to pay for that is with MORE MASSIVE DILUTION
like we've seen last 3 months.
Watch the AUTHORIZED SHARES get RAISED to
at least 10 BILLION in the next 30 days and then
the O/S will steadily move up to that level.
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