RE:Investment in Gblc trading at 1.50 Ronin Blockchain corp?? I concur that DM's investing acumen over the years has been hit and miss. I started investing after the GBLC and Ronin show.
I personally would have offloaded as soon as I showed any profit on these, but my personal investing strategies do not include any crypto, nfts.. etc. and it was always known they held the shares.
That being said, some of DM' gambles have paid off wonderfully.. like COVID. It is still paying off, and from which have lead multiple connections and a possible new vertical which will offer years of recurring revenue and growth. Did they pay too much for Medi-call. IMO and at this present moment, I would be weary not to say yes, they paid too much. Is transparency horrible on revenue projections, how they plan to grow and details of M&A, oh very much so....
But I see improvements on all fronts. With the uplisting, the excellent execution of bringing in millions into the bank account. Being "debt" free (put it into brackets to appease certain individuals) I understand that with only a handful of major deals with union's or corporations, there would be a plethora of investors stating how absolutely genius DM is with Medi-Call. The Venture is full of the hero to a zero back to a hero stock prices and companies.
Turning millions sitting in a bank account, into viable recurring revenue making verticals is a challenge that does not just occur over night??? Some of you seem to think we should have bought a company with 5 million in yearly revenue with 50 million in the pipeline and technology that cost 20 million to develope for 10 million in cash or shares..... hmmmm. But who knows.... in a few years, maybe that is exactly what we just did???
If we make the next milestone in the military Defence contract, it is going to start opening some doors, the Risk will have been lessened and the reward will be even closer.
with this type of technology, you never know what is just around the corner. At .11 cents, this falls very much within my risk to reward strategy. I don't expect a perfect journey of getting there, that is how you make the big dollars.
Badgers, I understand. All I can say is constantly reevaluate your investments. Sell if you lose faith. If you still have faith, accumulate... accumulate.... accumulate.