Biorem Inc V.BRM

INCORRECT SHARE COUNT

[Possibleidiot01]

Stockhouse has not corrected for the recent share buyback so just be aware

"After the repurchase and cancellation of the TPFG Shares, 15,477,937 common shares will remain outstanding."

Not 36.88 million shares  so the market cap is more like $12,.227, 570 at 79 cents.

[KnowledgeSeekr8]

You are right but it's technically not registered as that yet. In the news release it satates as follows, so it will close as of mid October sometime so they can't update the share count and thus the market cap. But that is what I've been preaching after this was initially annouced. I've added to my postion lately as well. "Subject to obtaining final regulatory approval of

[bassfinder]

Assume Market Cap: $12,227,570.23 Based on 15,477,937 share outstanding at current closing price of $.79 Apply this against conservations Revenues and Net Income in 2021. Say $20,000,000 in Revenue and $1,000,000 in Net income. This would produce EPS at $.06/share A Price:Sales Ratio of 0.61 (very attractive). A Price: Earnings of 12.22 (I consider fair). I take from this that the current

[Possibleidiot01]

I like being busted on a technicality. LOL.. My MAGIC8 Ball , see below , missed the date of the share reduction but it did say you can rely on it! The whole point of posting was so that people keep in mind what was/is happening before investing in Biorem. GLTA.

[KnowledgeSeekr8]

Whatever way we look at this company we are really undervalued at this price. I've been saying since this annoucement in mid August that this will drive us to over a dollar at a minimum. There wasn't a single other thing management could have done that would increase shareholder value more than this transaction.  I've loaded up over the summer and even bought some more this past