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  4. E-Waste Systems, Inc. (EWSI) Message Board

Agreed, everyday we hover in this range below .10

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Post# of 3844
Posted On: 01/29/2014 7:36:51 PM
Posted By: jacquespluto
Re: umd_scientist #2477
Agreed, everyday we hover in this range below .10 I wonder about this more and more.  Revenues are increasing on a monthly basis and the PPS remains flat or as we have seen this week goes down.  We have seen that basic revenue valuations haven't worked up to this point.  Just because the company will be at $50M - $100M in FY14 doesn't automatically guarantee a certain PPS.  Unfortunately, it is clear that this basic fundamental and revenue based valuation doesn't work at all on the OTC.  We all hope that audited financials will do the trick but from what I have seen so far, there is definitely no guaruntee in that either.

Don't get me wrong, I don't mind a 1:2 reverse split to get us from $1 to $2, but I really hope that we aren't sitting in the .10 range 10 months from now looking at a 1:20 reverse split to get us there..


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