Ann: One Click Secures Commitments for $3.25m Placement, page-15

The pension funds were offered this stock at 0.008 fair market value giving that the company is unprofitable and negative EPS, I used a discounted cash-flow model and still couldn't get a number due to insufficient data leaving only a PTS Price to sales ratio which didn't take my breath away, using a price to earnings ratio she still comes in at - 2.3 million making price to earnings -4.7x and given that shareholders have just been massively diluted is not encouraging, also there net debt to equity ratio is exceedingly high at 197.5%, I'd give them 10months cash runway before having to raise again.