bundy3333
Oct 2, 1:42 PM
$MGRX
According to Mangoceuticals’ annual SEC filings, the company closed 2025 with 15,487,487 common shares outstanding and a total stockholders' equity of
$3,281,495
[MGRX 10-K Dec 31 2025].
However, during the first half of 2026, the company ballooning the share count to 29,548,726 shares by June 30, 2026
[MGRX 10-Q June 30 2026].
Assuming no further shares are issued in H2 2026 the evaluation of Book Value per Share (BVPS) Year-End 2026 with shareholders' equity of $ 5,537,482 projected
Your true intrinsic book value per share drops from
$0.21 to
$0.19
(an 11.4% destruction in per-share value).
This BVPS proves why the market is currently pricing the stock not at least for 10 Trading sessions in a row above the minimum required $ 1 for NASDAQ compliant listing.
The stock trades at a premium around 100 to 150 % to its tangible book value because investors are waiting to see if the company can actually commercialize the remaining 75% of the patent asset before the cash runs dry again.
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