Indeed, rather hilarious it is to see the stock a
Post# of 11899
Indeed, rather hilarious it is to see the stock a few ticks from par value, $0.001.
At par value, the market is suggesting the company is worth about $1.5M which happens to exactly be the retail worth of the 20,000 product units coming in soon. Though there is also $324k in other assets, $50k/month funding, as well as the potential for earnings growth via all the positive corp developments along with zero liabilities and no debt.
Another interesting note is that at $0.0012 this exactly equals the $324k assets on the books plus the $1.5M worth in upcoming inventory. Talk about not having to pay a premium to own the stock! Wow! Hmmmmm....
Anyone care to discuss the range of valuations for the company while the stock sits down here close to par value?
Cheers
$RFMK