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Media Central Corp. FBOP

Media Central Corporation Inc. is an independent and alternative media company situated to acquire and develop high-quality publishing assets, starting with the recent launch of CannCentral.com, a robust news, lifestyle and community cannabis platform curated for the human experience. Our strategic corporate team is composed of publishing, technology and capital markets professionals who are poised to deliver high-quality content, strategy and substantive value across a number of platforms.


GREY:FBOP - Post by User

Comment by Reallitycheckon Oct 31, 2020 1:19pm
145 Views
Post# 31818703

RE:RE:RE:RE:RE:RE:Dissident Letter

RE:RE:RE:RE:RE:RE:Dissident LetterAnd just how does one think/suggest this stock is going to magically recover. For the last time as it's getting really tiresome and if anyone doesn't get it they shouldn't be in the stock picking business, as of the end of q3 it's highly likely that between debt and working capital deficit the company was at least $3M in the hole and getting no better. To put it in perspective at the current highly inflated stock price of 1c, yes highly inflated, the company market value incl, debt and WC deficit is over $6M. Even at a generous 10 EBITDA valuation the company would've to generate $600K in EBITDA to justify the current price. At this point it's actually generating NEGATIVE EBITDA with little to no prospect of generating a profit so any stock pickers suggesting this stock is somehow going up, are either shameless promoters or just simply clueless, and maybe both. That's really it. 
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