(Total Views: 225)
Posted On: 07/08/2022 6:49:56 PM
Post# of 5115
What is MONI really worth today?
Or the last 10 years for that matter for all it matters...
It seems many investors look at the sp and not the market cap. Let's look at the market cap instead of the sp for a second
MONI market cap according to eTrade is $7.4M
That seems very far away from $400K
If shells were worth 10's of millions, people would hang onto every OTC stock that went to .0001 waiting for the big payday.
You do know what happens when the shell is acquired to existing shareholders don't you?
They get boogered
"Generally speaking, a controlling interest in an OTC QB shell can be acquired for $350,000 to $400,000. While a faster path to going public, this is substantially more expensive than completing a direct listing."
https://www.publicfinancial.com/how-much-does-a-reverse-merger-cost
I'm all ears why MONI is worth $7.4M today.
Until they actually have a product, demand, revenue, etc
$400K plain and simple
But don't let me get in the way of your last pump
[yt]bACKLW19XdE[/yt
Or the last 10 years for that matter for all it matters...
It seems many investors look at the sp and not the market cap. Let's look at the market cap instead of the sp for a second
MONI market cap according to eTrade is $7.4M
That seems very far away from $400K
If shells were worth 10's of millions, people would hang onto every OTC stock that went to .0001 waiting for the big payday.
You do know what happens when the shell is acquired to existing shareholders don't you?
They get boogered
"Generally speaking, a controlling interest in an OTC QB shell can be acquired for $350,000 to $400,000. While a faster path to going public, this is substantially more expensive than completing a direct listing."
https://www.publicfinancial.com/how-much-does-a-reverse-merger-cost
I'm all ears why MONI is worth $7.4M today.
Until they actually have a product, demand, revenue, etc
$400K plain and simple
But don't let me get in the way of your last pump
[yt]bACKLW19XdE[/yt
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