TSXV:CYX.H - Post by User
Comment by
Sidesh0won Mar 08, 2017 2:55pm
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Post# 25952657
RE:RE:RE:RE:RE:RE:RE:YOU SHOULD BE GLAD TO OWN CYX
RE:RE:RE:RE:RE:RE:RE:YOU SHOULD BE GLAD TO OWN CYX2.7 million?!?!? Wow, that is about 7 times more than I have, and were likely purchased a lot cheaper than mine. My strategy is simple - hold long. I wish that I would have had the idea and ability to get this software to market, and I am happy to be a shareholder. Recreational sales are in the not too distant future, and before then companies will be scrambling for this software. It will not be long before all of the LP's are using it.
My expertise is software development, and I have been making royalties for about 15 years for some software that I wrote. When I compare the $50B valuation on Salesforce to Calyx's $5M cap it is a joke. Think about all of the functionality that must be built into this software to support the existing customers, and the value of the mobile apps alone. Every hour the developers are putting in will pay huge dividends, and this is the real thing.
Given Calyx's somewhat ambitious plans, there is no reason that this could not be worth billions and billions within 5 years. I do not know about you, but I just need to keep doing what I am doing and I will be fine. Hold long!