mkt_predictor
8 hours ago
The news release says the company values their AI software at $25M. That is one aspect of what it said. The other is that they signed up a customer to license said software to and that those annual licensing fees would be $25K per year. Two completely separate things. The interesting piece of this update is the company values their software at $25M, which based on the current share structure here, would mean roughly a .025 share price. This is what the company thinks it's worth though, not necessarily how the market is valuing it, at least yet. But, an interesting data point nonetheless which could support a higher share price down the road.
3 hours into this trading day and already record volume. Will be interesting to see how the rest of the day plays out and if this gets any continued volume into next week. It definitely woke up today though.