Goldy this is actually a Mining stock , its not a food stock. They Mine the shareholders for 750 grand every year business model. The issued capital (issued shares) is about 25 million bucks worth of shares have been issued. Accumulated losses is about 25 million lost capital. They are doing another Mine right now. for 750k rinse repeat.
This was once $1.80c a share, They have diluted, and diluted selling issued shares over and over to pay staff. Staff costs 750k and current mine is for 750k. So although its a specky, and may have a run. It dosnt have the benefit of the doubt like a new IPO does.
This stock must deliver for it to gain value, the Hype runs are done, and deflated.
Its not comparable to a new IPO because it dosnt have a fresh start. This stock has burned many punters, if anyone looks at the Chart, sorry but they wont be Mining my pockets. I will take a look after they collect the 750k from all of you
