"According to OTC Markets .com value of company wa
Post# of 75010
Posted On: 04/14/2016 5:39:44 PM
"According to OTC Markets .com value of company was increased to 19 milly as of yesterday"
The value you are looking at is a function of pps multiplied by shares outstanding. The pps was up marginally yesterday, so the value reported (which is actually the market cap) was up accordingly. Since the close was down today, you will see the value stated on OTC Markets reflect that in tomorrow's calculation. Please try to learn what you're talking about before posting. We all want this to go up, but on solid revenues and progress, not sensationalist posts by easily excited morons.
Please note for further edification, The outstanding shares used in the calculation is as of Dec. 31, 2015 whereas the pps is the most recent trading day close.
The value you are looking at is a function of pps multiplied by shares outstanding. The pps was up marginally yesterday, so the value reported (which is actually the market cap) was up accordingly. Since the close was down today, you will see the value stated on OTC Markets reflect that in tomorrow's calculation. Please try to learn what you're talking about before posting. We all want this to go up, but on solid revenues and progress, not sensationalist posts by easily excited morons.
Please note for further edification, The outstanding shares used in the calculation is as of Dec. 31, 2015 whereas the pps is the most recent trading day close.
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