The suggestion that TNG could be worth $2-$3 a share based on the current issued capital (no. of shares on issue), is plainly ridiculous. TNG is going to have to keep issuing shares to continue going (as it has been), until either a) funding is obtained or b) sustainable positive cash flow is achieved. If funding is obtained, a highly likely result is a significant equity component, which means more shares issued. And scenario b) is at least years off.
TNG Price at posting:
10.0¢ Sentiment: Sell Disclosure: Not Held
