RE:market capodzie1 wrote: So UAV is worth around 14 million or so currently. Now that they added AIR which is doing the same amount of work and revenue as Pioneer the market cap is now worth 14 million. So if Pioneer is worth around 8 million based on UAV,s current market cap, AIR is worth
0000000000. How is that possible kiddies. Riddle me that.
Maybe try looking it the other way around: a similar biz to Pioneer sells itself for 2.4M. So maybe Pioneer is worth 2.4M ?
In any event dont fret when on an upcoming quarter UAV discloses having bought 75 or 100K worth of assets for 2.4M and discloses it as an impairment loss above 2M recording the difference betwen price paid and assets actual value as goodwill like they just did with the Pioneer adquisition