posted
hey malloy do you think this has some life in it in the future? is .0014 a good price to get in at or is that to high. please just your opinion.
and by the way nice to meet you i have heard a few good things about you .
posted
From what I've observed recently, best entry is around .0011/.0012...
There's usually a lot of resistance around .0020 and any run over that has been stopped before .0028.
Do I believe it can break over .003, yes. When? Dunno. Many things can happened but the co. cancelling half the shares they had to put OS around 600M is a good sign we could eventually move way higher than where we are now.
From a prevoius PR...
(...)
The actual number of common shares retired by the two founders was slightly higher than previously announced and totaled 526,576,190. In addition to the retirement of these shares, an additional 103,073,999 common shares have been retired from a former officer and former consultant; bringing the total number of common shares retired to 629,650,189. When the 100,000,000 share reduction due to the change of the convertible preferred ratio is added in, the fully diluted number of shares have been reduced by 729,650,189. Now that these shares have been retired, the total number of common shares issued and outstanding as posted at our transfer agent has been reduced to 633,240,103.
Most of them have Billions. The worst case is CMKX estimated, if I remember correctly, to around 500 Billions.
Just for fun, let's put GENM PPS at .01
600M X .01 = 6M$
Do we think the co. can be worth that. Your guess is as good as mine.
And before someone tells me about multiply factor to calculate PPS, I'm only estimating the market cap without speculation. For music industry, we could probably apply a 10X multiplicator but we'd have to know how much profit they gonna make...etc...etc...someone else could follow on this. Thanks
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