Post by
deepoil0808 on Jan 31, 2022 2:02pm
Trading at CASH: Mkt cap: $ 15 million / Cash $ 14.5 million
With present shares outstanding on the market that are allowed to trade,
We TRADE AT CASH,
Mkt cap of Poda: $ 15 million vs Cash on hand: $ 14.5 million
My personal opinion
Comment by
unclejerry on Jan 31, 2022 2:12pm
This of course doesn't factor in the preferred shares. Under the agreement with preferred shareholders, 10% of those shares get freed up for converting into common shares (if they choose to) starting in February and then 15% thereafter every 3 months.