Post by
Pachuko on Dec 16, 2021 2:44pm
simple math
If i use some round numbers to calculate share value this is what it kinda looks like
10 million in cash on hand and 500 million shares outstanding would give a share value of two cents. If they have 20 million then it is four cents a share. They may not have either.
Sad but true. What do others see as the current value of ACDC should a buyer be found? Unproven technology and designs, no revenue stream and no product actually available to create revenue right now. I just don't see anything more than actual cash on hand as their current value and that would be decreasing daily.
Comment by
Joseisok on Dec 16, 2021 3:21pm
Daymak has taken complete control. The only question remains, what will the new company name be after the RTO and what will the numbers look like when the shares are converted and new shares are created.