Comparing $TRON and $RXMD: This is just a brie
Post# of 98041
This is just a brief comparative model for the potential of Toron, using another high-quality, fully-reporting, otc ticker as a parallel, given that the two have very similar share structures. This will not be a precise, pinpoint valuation, and will remain simplistic so as to paint a general picture for Toron shareholders in regarding to upcoming expectations.
TRON has a float of 299M and trades within range of .01, although has been currently walked down on extremely low volume; yesterday being an EOD walkdown on 25,000 shares at .0071(*yes, couch change). Toron has finalized a deal for an estimated $100M+ acquisition of 3 fully operating hospitals and 10 assisted living facilities spread out among 8 locations. I will link to my previous DD post here for more data:
https://investorshangout.com/post/view?id=5270257
RXMD has a float of 334M and trades within range of .05 or .06, with bull runs going as high as .26. RXMD has current revenue of $20.1M annually, with a PR out today for another pharmacy acquisition that would place them at around $40-45M in annual revenue.
So, if RXMD sits at around .06(as of typing this) with $20.1M in revs, with expectations of $40-45M in revs, with a float of 334M, then one can see how dramatically undervalued Toron is, having just closed a $100M+ estimated acquisition, with only 299M shares in the float. Toron sits(as of typing this) at .0071, and has been frequently rising to .01+.
RXMD should have bull runs well beyond .26, seeing as they hit that marker off $20.1M revs against a 334M float and currently hold the .05-.06 range, no problem, with the current numbers.
Toron's CEO has mentioned an 8k is to drop regarding the acquisition, and within range of that, the company will become fully reporting. TRON again looks to be a $100M+ company against a 299M float, holding .0071-.01(on average) before the 8k.
Please see my link above and read the DD on TRON, and the value will be seen in short order. Some may wish to get in before the 8k, while others may set alerts for the filing before entry - both are great approaches , each depending on how the individual investor likes to play their hand.
There is also some speculation of a short squeeze. We had a 48M share day not long ago in the .005 range, with 26M shares shorted, not long after which we rose in price to the current .007-.01 range. All of the longs are holding, and the stock keeps getting walked down on super low volume, possibly to attempt to shake others into selling so as to at least break even on the short position and to cover at .005. I think if that is the case, it is going to be super tricky to pull that off, especially with what is to come. Stock bashers are out in full force, but so far, not much is getting shaken, while many longs have been purchasing and bidding lower as it goes down(with traders likely competing to play the swings as well).
I'll leave off with this soundbite from Toron's CEO, Rene Ortiz Morentin, which can be found on the forum on the company's website. Many more details in prior DD postings. Make sure to read up on this one and join the forum on the company website so as to ask questions. Company management moderates the forum, so stock bashing does not exist on that medium.
"It is Toron’s intent to become a fully reporting company. We are currently finalizing our choice of auditors who will have no small task ahead of them, auditing Toron and its subsidiaries, iMedScan and The InMed Group. We will be instilling a stronger corporate vision internally. With this vision in mind, we have decided to file an 8K and should be doing so in short order. This forum on the Toron webpage will serve as a conduit for our shareholders to ask legitimate questions, receive the appropriate responses and strengthen our ties to our shareholders."
Read More: https://investorshangout.com/post/view?id=527...z5YAFIQgCC