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I would like to open a discussion about share pric

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Post# of 17653
Posted On: 10/14/2014 10:29:49 PM
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Posted By: judgesmails
Re: SLICRIC50 #12299
I would like to open a discussion about share price.

Virtutone seems to be very closely linked with DUTV. The Gambia connection, VOIP minutes, office locations, etc.

SLICRIC provided the link that showed their stock quote & they closed at .22 today.

They have 42 m shares out = market cap of $9 m.

DUTV closed at .0006 today. 3.4 billion shares out = market cap of $2 m. If we get to .003, our market cap would be approximately the same as Virtutone.

I believe comparing market cap is more realistic than comparing share price.

So I can certainly see us getting to .003.

I have plenty of DUTV shares...and I am excited / optimistic about our future.

I'd like to get some feedback on potential share price in the foreseeable future.

I see various people post prices they foresee. I noticed 2Can betting on 5 cents on that other board. I've seen other posts talking about 50 cents and $1 & $3.

I cant tell you how much I hope any of those predictions happens in the next few months. I get chills thinking about it.

I love the optimism these posts show.

But...with the 3.4 billion shares we have, 5 cents would mean market cap of $340 million.

$1 per share = $3.4 billion market cap.

I firmly believe our price should be higher. I can see us going up to 1/2 cent or 1 cent with audited reports & / or more detailed PRs. And then hopefully working up from there.

But...are these posts of substantially higher prices realistic?

Come on guys; share your thoughts. I want this to be 5 cents or 10 cents or 20 cents. I want to walk away from my job. I want the freedom that 10 cents per share for DUTV would bring me.

At this point in time, we are generating profit & we are still below 1/10th of 1 cent.

How do we get up to multi pennies? Audited financials will help move us up...but I don't think that will take us to multi pennies.

More detail about partners would help.

But I believe it will take even more to expose this to a wide range of investors & really get things moving.

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