I believe we made the run to .17 with 528m shares. We then had 2b+ shares. So, that historical high with the extra shares would have been .04ish. Pardon me if I am being too simplistic. Then, a 25:1 split.
To me to equal the historical highs considering the split and extra shares would be around $1.00.
I guess this could be tested with a calculator figuring out the market value considering the outstanding shares. Long day, I just can't do it.
If it is $1.00/share to equal the previous highs in market value just compare what NTEK/Ultraflix has now compared to what we had before (Nuvola NP-1). So, anything can happen. A lot more than a dollar a share? Well, this ran up to .17 with not too much going for the company. Could this stay the same or go lower, maybe for month?, don't say years please.
But no matter how this silly stock trades during this period of no audits and lack of big fish stock buyers ... I think most longs believe this is a long term play with much potential.
Just thoughts coming from an optimist. .
To me to equal the historical highs considering the split and extra shares would be around $1.00.
I guess this could be tested with a calculator figuring out the market value considering the outstanding shares. Long day, I just can't do it.
If it is $1.00/share to equal the previous highs in market value just compare what NTEK/Ultraflix has now compared to what we had before (Nuvola NP-1). So, anything can happen. A lot more than a dollar a share? Well, this ran up to .17 with not too much going for the company. Could this stay the same or go lower, maybe for month?, don't say years please.
But no matter how this silly stock trades during this period of no audits and lack of big fish stock buyers ... I think most longs believe this is a long term play with much potential.
Just thoughts coming from an optimist. .
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