The current MC of $130 million clearly does not reflect the fundamentals of a company with no revenue (apart from "minimal" supplied for P&G for R&D), no profit, no tangible assets (except for $4.5 million in the bank), and no historical growth data.
its minimum... not minimal. Big difference. Its why I posted this some weeks back :
minimum won't be minimal
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Mkt cap ! $1.478M | |||
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