TSXV:MBI.H - Post by User
Comment by
manowar99on May 18, 2013 2:24pm
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Post# 21413999
RE: RE: RE: RE: RE: RE: RE: IIROC calls out increa
RE: RE: RE: RE: RE: RE: RE: IIROC calls out increaObviously cannot give a time frame. But I looked at every biotech/med company on the venture exhange and looked at all their market caps past/present and see no reason why MBI cannot get to a $270,000,000 market cap. Some of these companies get to $300/$500+ market caps with negative earnings, no products on the market, and massive dillution, and huge debt. mBI has no debt, only 90,000,000 shares, and even with a $500,000 initial royalty at launch gives the company a half cent in earnings.And if you look at it from that perspective it could be double my target. I know I keep saying this, but if this was listed on nasdaq it would heading to $500/$800 million market cap coz that is just the way it is. They have a product coming to market, unlike most of its peers. Do you own dillgence and take my opinion with a grain of salt. MOW99>