its all relative.
when $200k is 5% of the market cap of the company and 20% of the cash in the banks it makes a massive difference.
you say that the guys are big equity holders, well how much did they get at seed and how much did they pay for it?
they didnt put any real cash in because they were all in at seed for peanuts anyway.
these guys will end up selling everything off because they dont have the capital they need to really expore anything and will just be raising capital to keep paying the crazy admin expenses.
if this company had serious assets and was this cheap management would be trying to take it private not flogg off assets to keep paying their salaries.
wake up and smell the coffee, you are keeping these guys in their $200k+ jobs.
i would like to see management go on market and use some of the salary to buy equity in the real market and show some support but i bet they dont or if they do it will be a token guesture.
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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17 | 7771339 | 0.4¢ |
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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15 | 5905644 | 0.004 |
18 | 63717686 | 0.003 |
6 | 5345524 | 0.002 |
8 | 9700000 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.006 | 533346 | 4 |
0.007 | 1875230 | 6 |
0.008 | 1121100 | 3 |
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