Forte Group Holdings Inc C.FGH

why the sh1ttie fundamentals for BEV don't matter

[luckyAF]

there are too many shares issued to parties that didn't actually put up any cash. or virtually no cash. which means they don't care what the price is. when they want real cash, they'll sell. at any price.

There is almost zero margin of safety on BEV. Naturo is worth nothing. The land is worth $10M. So really the company is intrinsically worth $10M less liabilities. How many shares are there? 107M+

So the company IMO is intrinsically worth $0.05. If it drops there, I'll look at buying the stock. Maybe.

[shneps]

There's actually 177M shares + another 7.25M still to be issued. I value it more in the $0.20 range.

[luckyAF]

The more I think about it... BEV will probably see further dilution. Cheque swapping with promoters. A private placement to raise money. I can see 200M shares before the year ends. $40M... that's expensive for a company that takes 3.5 years to ship a product. 

[shneps]

If they can prove they can actually make money and not just give it away then there 's potential. Proof is in the puddin'

[stealthct]

This industry is pointless in canada. Not going anywhere unless U.S. is legalized which may never come.