just for the halibut, here is where you are missin
Post# of 75001
When you say, "HOWEVER if they still had 5M shares they would be worth 680,000. That's 646,000 difference."
-- 5 million shares at .136 per share does equal $680,000 BUT the likelihood of getting to .136 per share with over 2.05 BILLON OS outstanding is so very unlikely. Its 2,052,615,172 OS to be exact per otcmarkets.com
This is an astronomical amount of supply.
Follow me on this:
NOTE: our assumption of the pps price the day prior to the split be .0068.
1. With this presplit huge OS, IF the pps rose to .136, RMHB's market cap would be (2 Billion OS x .136 = $272,000,000!!) way over valued for the current business, years from now realistically.
2. Today's Market Cap round numbers (2billion x .0068=$13,600,000)
---OK----
3. Our new post split OS deletes 1.8 BILLION shares with our new Outstanding share total of 200,000,000 with a float from what I have read will be about 100,000,000.
Our new Market Cap post-split (again assuming .0068 presplit):
(100,000,000 x .136 = $13,600,000) as you can see matches our current pre-split Market Cap.
To answer your question, on a pre-split basis, to get to a pps of .136 is 20 times greater. Think of us getting rid of '1.8 BILLION dead weight' whereby there is so much supply, the demand would have to be so great to move the pps up at .0001 increment at a time.
With our post split 100,000,000 trading float, the pps can now move up 20 times faster that it currently does. More upcoming demand prices move up at a faster rate with much smaller supply OS.
Our pipeline of good news to come will move us by the .01 or better vs's today .0001 moves. So you can see we can get to dollar land about 20 times faster assuming increasing sales reports and earnings. We will have real Earnings Per Share (EPS) thanks to our much lower OS.
One more analogy post split:
- When we hit $1/share with an OS of 100,000,000 = $100MIL market Cap.
IF we did NOT split and we by some miracle hit $1 per share, with an OS of 2 BILLION, our Market Cap = $2,000,000,000 Do you really think the market would let the PPS rise to a 2 BILLION market cap??
But now 100 Million Market cap ($1 per Share) is certainly within reach with Big Domestic Retail sales expansion and CBD Life pvt label, Green Lotus, and on line sales.
I hope all can see now why this is a great business move (big picture).
As stated - THIS IS WHAT GETS INSTITUTIONAL INVESTORS INTERESTED, a low OS and great products and business plan!
holding tight!!