To:Nick Morvay who wrote (20)
From: the Chief Friday, Oct 20, 2000 9:15 AM
View Replies (2) | Respond to of 35
Well the PP is going to be issued shortly and it is for .15c and a lock-up for 1 year, so I see anything at this price as being a bragain. If you look at YIC-V, you'll see they have a $21,000,000 market capitalization. Check out their website, check out what they offer, then compare it to GTT that has a market capitalization of $6,000,000!! So just to get "equal" with YIC, GTT would have to go to .52c which is a 3 bagger from here! This does not account for any value on the 45,000 trees that are close to harvest.....value to GTT is $2,000,000
The model for revenue stream for GTT is far more innovative and effective then YIC-V's is.....but you can't argue the fact that YIC is being valued at $21,000,000......my "bet" is that as soon as the CDNX-V approves this and the PP is closed...we will close the gap very very quickly, but that is an educated guess!! We have just touched the surface of what GTT intends for the "MyCity" websites....thats all I'll say, but remember that statement!
the Chief |
