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Microcap & Penny Stocks : Brisio Innovations Inc.

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To: Acton who wrote (1601)4/7/2015 5:54:48 PM
From: WorthaDeeperLookRead Replies (1) of 1952
 
At these prices, ITM and LA will be worth 1.35M$ in market value, including warrants exercisable.

Shares outstanding ~24.45m @ 0.15$ = 3.7M$

No matter how you decide to value the mobile app business, you are paying a hefty premium over tangible assets. I value a lot Paul's stock picking skills, but I would rather buy shares of ITM and LA directly than through BZI at the moment.

Moreover, there are a little less than 10m warrants @ 0.10$ expiring in October 2015. I would expect the stock to languish until then. Great time to accumulate though while Paul builds BZI and catch up with the share price.

My question: How much is worth Paul's stock picking skills if he can compound book value at 30% per year (or more) for a long period ?
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