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Bullboard - Stock Discussion Forum
West Coast Ventures Group Corp
WCVC
Consumer Cyclical
Technology
Restaurants
Electronic Gaming & Multimedia
West Coast Ventures Group Corp is engaged in operating restaurants in Denver, Colorado metro area. It owns El Senor Sol, a Mexican cuisine restaurant and Illegal Burger restaurant located at different locations.
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EXPM:WCVC - Post Discussion
West Coast Ventures Group Corp
> What is the company's shares outstanding?
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•••
retireelife
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Post by
retireelife
on Dec 23, 2019 9:01am
What is the company's shares outstanding?
Someone on the yahoo message board says it's 10 billions.
Anyone here knows the truth?
(16)
•••
stockmonster6
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Comment by
stockmonster6
on Dec 23, 2019 10:57am
overall market cap is: 136.52K so $136,520 (according to my calculator) They had a $1.7 million deficit according to the financials. Made $3 million, but about 2 mil went towards the cost of making the profit + expenses. stockhouse says it has 330.43m which I think makes 330 million shares. works out to 0.0004 of a cent I believe. the calculator didn't like the division.
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(35)
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marvelmaker
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Comment by
marvelmaker
on Dec 23, 2019 1:03pm
And what will the expansion cost is another question. Who will lend them the money to expand and what will be the cost of financing. Alot of companies at this level raise money through toxic financing. Is possibly why the share price tanked from $.09 to where it is now. Some think can't go much lower but resurrecting this company from this price is also a momentous task. Good luck to anyone
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(7)
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Billymcbiller
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Comment by
Billymcbiller
on Dec 23, 2019 6:34pm
My info from my broker account says 165 mill shares outstanding, yahoo finance says 273 mill and stock house says 330 mill, I'm sure the truth is out there. The 10 billion thing was an authorization to dispense them, according to the sec filing I read most of they don't plan to use them, though these guys seem a bit shady. they are trying to expand by franchising. They
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(16)
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stockmonster6
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Comment by
stockmonster6
on Dec 24, 2019 7:10am
48 million shares yesterday traded. at least $150 isn't much. I'm sure some people are in a lot more. I only bought because this stock is so friggin cheap, never seen a price like this. But on the up chance they are successful in their ventures and go back to 9 cents, that is a significant boost on a very small investment. not paying off mortgages or anything. hold
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(7)
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Billymcbiller
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Comment by
Billymcbiller
on Dec 24, 2019 8:51am
Yup same here, threw some money on 00 on the roulette table. 10.00 or bust I say! Come on 100 orders for franchises!
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