Basileus- don't forget a lot of companies have a billion shares on issue - and they trading at much higher market caps - i could name many.
The focus should not be on the amount of shares on issue but the growth potential and potential revenue streams -
As an example: take BRN - they have 650 million shares on issue and a shareprice of 30c and they are still approx. 12 -18 months away from a commercialised product
If you compare both tech companies - ours has an extra 3rd more shares on issue so therefore if your looking at shares on issue - why then isn't our shareprice 20c if theres is 30c LOL
So one could therefore say our shareprice should be at least 10c (worst case scenario) if BRN is trading at 30c and the long discussed ongoing question - why did Peter Wall sell his BRN shares and still hold all of his 32 million GAL/TV2U shares - ??? did he see TV2U a better blue sky opportunity perhaps ??? or maybe he identifiesd that our technology would be needed by many telcos, governments and large corporations so our market may have been seen as massive
We have a "go to market" first mover technology and partnerships already lined up with a working technology - BRN are only at conceptual stage
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