comparison of ETYS and PLCO. J.S., thanks to you and Archie I decided to post this.
as of today's close;
ETYS market capitalization of $6,826,000,000 PLCO market capitalization of.......$6,200,000
ETYS most recent quarter revenue $13,000,000 PLCO most recent quarter revenue..$6,870,000
even if all possible shares of the debenture were sold into the market; which will never happen IMO, the maximum market cap of PLCO would be approximately $69 million (61 million shares total). Not even close to the $6,826 million of ETYS, which is 100 times greater! This is why those shares won't be entering the market anytime soon, there is still a 50 bagger for the debenture holders if they wait. The shorts have taken advantage of this confusion.
Based on this analysis, and even allowing a 50% discount on PLCO because it's a fully reporting OTC and not a NASDAQ yet; I believe PLCO should be trading right now at $25 per share (for all 61 million shares). When PLCO gets back on the NASDAQ National the equivalent value will be $50.
:) IC (long PLCO,PLCOP and PLCOW) |