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by trader 4369 days ago
Its common to go from maybe 1mm mcap to 40mm but not all the way to 4bn. To cross a bn valuation is insane.
1 comments

Presumably if a company issues 4 billion shares to the founder, who sells a single share for a dollar, the company has a 4 billion dollar market cap?

Of course I'm sure anyone trading stocks seriously would see through such a ruse immediately.

Part of the reason why pink sheets is such nonsense.