GREY:SIXWF - Post by User
Comment by
throwaway11on Nov 29, 2021 3:52pm
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Post# 34177217
RE:Patiently waiting...
RE:Patiently waiting...In an ideal world SIXW meets their revenue projections for affinity - and if these yield as predicted, then the company is currently undervalued.
The problem is that with a profit sharing model, SIXW's revenue will be tied to the value of the product their technology is being used for. This is where a risk factor lies in those revenue estimates.
If profit margins thin, companies may simply opt to simply buy out machines. Basic economics would tell you that a sudden glut of CBDs would lower the value of product.
I'm generally bullish on Sixth Wave, but questions still linger in my mind.