RE:RE:Good NumbersLet's get realistic here. You're absolutely right, the share price is a joke right now. After these financials it clearly evident that it's got a long ways to go and will take a significant amount of time to get there. It appears that the glossy "good numbers" overlooked or ignored other aspects of the financial statement. I noted the improvements that they have made but I also noted the rest of their results which included:
BASIC INCOME (Loss) per common share for Q3 was $(0.06) compared to $0.004 in Q3 2020. DILUTED INCOME (Loss) per common share for the Q3 2021 was $(0.18) compared to $0.004 in Q3 2020. NET LOSS for Q3 2021 was $(5.7) million. And on Oct. 15, 2021 IMC made its 3rd. of 5 installments of shares in connection with Panaxia Transaction. These installments continue to dilute the share numbers.
Now do these factors scream that the share price is a joke? Possibly if you're inferring that the share price is too high. These are not the financial numbers yet that one would be getting excited over and leaping in with both feet. Marvin K. Mooney says that the time is still not now.