RE:ProgressBarewood wrote: Nice to see a little momentum. I'm sure there is something positive coming our way. After all of the negatives flooding this Board, analysts are still predicting over a 4000% increase over the remaining year.
I agree, a nice little momentum is nice. though we are still much lower than we should be. I am still not understanding how the analysts are predicting such a huge increase.. I think they must be referring to AFTER a reverse split (if a reverse split happens). Otherwise, I have no idea what they are basing it on.. Way more shares outstanding (at least a billion and a half), so for instance if this was $1.88 (just an example) before all the dilution, why would it be $1.88 AFTER all the dilution?
Makes no sense.
I still think analysts are assuming a reverse split or something unless I'm missing something...