OTCQX:PHVAF - Post by User
Comment by
BuddyGuyManon May 09, 2018 2:50pm
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Post# 28006652
RE:Youtube 1 week ago
RE:Youtube 1 week agoI truly believe Phivida one of the best plays in the entire sector right now. Huge cash position, stellar executive management, great products on the way in an explosive new industry. And the shares are super cheap right now. Anyone getting in now will see major gains ahead. Good luck all.
pipefighter wrote:
https://www.youtube.com/watch?v=qKCtsa6RHPs
Somewhere in that interview he does say they now have $19 million in cash or in the kitty!
So with a market cap of 46.28 million minus the cash they have. They have 52 million shares approx. F>D fully diluted. That equals roughly 36.5 cents per share in cash, its now trading at .89 cents. .89 - .365 = .525 cents per share for the patents etc. Or a market cap of .525 x 52 million FD shares = 27.3 million dollars. Cheap or what? OK they still have maybe a little over a year before the Canadian Government allows infused drinks and food onto the market here, but ya gotta get onto the ground floor well before the action begins.
Oh and this youtube video called FTM (follow the money) 1 month ago.
https://www.youtube.com/watch?v=VB5XGfsVbhc