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Revenue.

[jethro549]

many posts about revenue, about how ppl would prefer Rob to run things a little different. How the news flow does not satisfy thier need for clarity from a revenue standpoint. I have to wonder is this the first micro cap investment you folks have ever made? Is this the first stock you have ever owned? Is this the first tech company you have ever invested in? I think for some of you it must be. Revenue is not built in a day. If Rob and Loop are not meeting your expectations. Sell and move on. You want immediate revenue? In a bloody global pandemic? You want revenue estimates in a bloody global pandemic? Where the number of users is completely fogged under by uncertainty? Stores are closed. Arenas are closed. Stadiums are closed. Businesses are closed all over the world and you want accurate revenue estimates? I don't even know where to begin. Seriously, try another company, try a new sector, try metal mining or consumer goods. Try anything else. That's my advice. Do not invest in startups. Take Care

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[BCdude]

If you want to invest in a company with no line of sight on revenues, Jethro, by all means go all in with Loop. Revenue projections -- sometimes rough ones -- are part of doing business as a public company. Even tech firms. Rob could have offered way more insight by now on expected revenue verticals. Even if he's projecting forward with estimates. I understand he may not want to do that

[InvestingCafe]

You're not wrong by saying that, some revenue projections would definitely get this stock going and with some momentum.  However, Loop is just starting out and it wouldn't be fair to investors for Rob to just throw out projections when they could be way off. Could be way above or below whatever he says. KNR is further along down the road then Loop in their growth phase so they have

[speculator24]

The reason there's no revenue projections with the Telus deal is that there is no actual customer contracts in place. The Telus deal is that Loop are part of Telus' reseller platform. What that means is Loop is an available product to Telus business customers. If you want a simple to understand real world example of what that means then liken it to a new brand of soup being placed on the

[BCdude]

Hey speculator, I agree with pretty much everything you've said. My post was mostly aimed at new investors who may think Loop is risk free and make it a core part of their investment portfolio. Risk-reward at these levels is reasonable, but I'm looking forward to seeing it derisked further once revenues start coming in. But you are right in saying that KNR is further down the road than

[BCdude]

Sorry, meant to say InvestingCafe!

[jethro549]

revenue will come. The point I made is patience. Ppl without patience should stay away from startups. They can take 2 years to take off, but when they do they really take off. Other sectors move quicker but the tech sector is a strange one sometimes. Amazon was earnings negative for many years in the beginning, most tech companies are. They spend in development early like Loop did and often don

[igold8]

@BCdude for small cap picks take look at SPOT , AI tech in mining industry and an exciting NR out Friday. Look at the last quarterly report and Corp presentation let me know what you think. Good luck!

[BCdude]

Hi igold8, It's funny you should mention SPOT. I bought a large position at around $0.15 this summer, and I think the news release on Friday is proof that there's some decent blue sky potential apart from the current business -- which is a good one in and of itself. My four favorite smallcaps right now are UGE, KNR, SPOT, and MTRX.

[igold8]

Great to hear and nice little basket of picks! Best part about the SPOT I think was the 52 week high made on Friday, quick look at the technicals in addition to the fundamentals could make for an exciting week https://www.tradingview.com/symbols/TSXV-SPOT/technicals/  good luck!

[jethro549]

I am invested in a company called Loop Insights. Symbol MTRX on the tsx.v and RACMF on the OTCQB. Have you heard of it? They are doing some great things. Have a look.

[BCdude]

Thanks for the tip, Jethro. Haven't heard of that one before. Willl definitely do some DD. ;)

[JFKFKJGKF]

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