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Microcap & Penny Stocks : Brisio Innovations Inc.

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To: Acton who wrote (1587)4/4/2015 3:13:11 AM
From: Bullish2010Read Replies (2) of 1952
 
Acton - Sorry if I offend u here but I think you are watching the daily ticker too often. BZI is not going to be built in a day. Yes, they own ITM shares but the relationship to share price is not 1:1. ITM shares are an investment and worth so much per share. If we own 4 million shares at .20 cents, the value is $800,000 for example. If there is 20 million shares outstanding., that is worth 4 cents per share. I think we have slightly more shares outstanding. We need to add value of Lite Access, warrants. and goodwill as management will keep finding new deals and increase value.

However, coming up with targets of $1.00 per share or $5.00 per share are not realistic at this time. Once more deals are found and we have success, the market will adjust price accordingly.

Let's not tell management to do a dog and pony show. Let them spend their time finding new investments for BZI that will add value.

Anyways, my 2 cents. Take it for what it is worth.

Disclosure - I am long both BZI and ITM.
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