RE:Valuation - 1 promoter commits to $0.00/share valueDo you see folks what I mean when I say this poster distorts statements and facts? He put in the tiltle of this last post of his that I "commit to $0.00/share"... I never said that. Just read my previous post, I said "otherwise most companies on the venture exchange would have a share price close to zero", as a way to express that his valuation model cannot be applied to development stage companies.
Here is another detail, he says "Companies should be well on there way to production or a medical breakthrough before they go public". Wow! So much for all the biotechs in phase 1 or 2 clinical trials, or all the tech startups who are still in experimental stage for their technology, they should not be on the stock market... Hilarious! And what about junior miners who still have no substantial proof that their properties have any chance of commercial production? The whole venture exchange concept is being put into question here...
I can still bring up many other points, unfortunately I don't have time, there are only 24 hours in the day. Enough for now. But again, don't let all this noise disturb you, Calnano is making good progress.