Probably along with the Reverse Split. BEWARE DILUTION - IT IS YOUR ENEMY
The major record labels are raping the Streaming music industry.
The $0.18 per share has probably declined to, just guessing, $0.14 per share. @ 2X cash now may equal $0.28 per share. Yes, it is an excellent management but the greed of the labels is going to crush this industry, just watch.
2 X Cash per share seems like a reasonable valuation or 36 cents per share.
Good. I was serious. I really know and like these guys but the picked the wrong industry in which to do a start up. The labels will be the only real winners. I really hope that I am wrong but don't think so.
Best - Mojo