When things don't make sens!GCAC as approx 0,07$ per shares in their bank account...
they clearly have a pending ICO...
Last 2 ICO conducted by Tony G raised USD 16 and 55 million $.... So let's say this ICO gives us on the low ball side...CAD 30 million $.... Gives us approx 0,40$ per share...
So right now, we are looking at a share price of 0,26$ with no floor underneath...and soon a minimum cash value of 0,45$ per share! Try to figure this one out!
On top of that, we have a guy rich like hell that is owning 24% of the company, a guy that will make a success of our ICO by promoting it like hell, making sure GCAC gets discovered by the australian and asian market...
So, maybe I am missing something here...but this makes no sens at all...and sooner then later, the SP will catch up with the reality!
Even if you don't believe in the story...the stock will have minimum of 0,45$ in cash very soon!
Good luck folks...take a deep breath!