RE:RE:RE:Book value is 0.37 per share $60 million and more in sales. EBITDA positive. Growing business. And tou think it's not worth 0.20?? I'm sure it will be at 0.25 when they will announce next Q results and 0.50 later in 2020.
Jameskemp wrote: Sadly this is not the case.
JTR will be lucky to fill this .10 .20 PP.
Really bad play waiting so long to do a PP could have done one 6 months ago before the review much higher.
Instead they paid 6 months of consulting fee;s to be told to do a PP.. CRAZY and showes how little
MATT understands business.
He is an idea man he made a cool idea and sold it for a lot but now trying to run this busines my guess he will lose his fortune as he is a majority share owner here.
This is why he is not selling becasue his company is not worth more then .20 and if he sells for that he loses millions of his own money..
So I would not touch this above .08 and once the PP is/if filled the float doubles and will take so much trading to get just back to .20.
they will have to do another raise as the company is not cash flow positve so the stroy here is years of dillution.. good luck but not buying this story and sold once i realized the company wont be sold.