Fobi AI Inc V.FOBI

Wait for Loop to be profitable?

[Chitoryuteacher]

If you are always waiting to invest in a company when it becomes profitable then you will likely never invest in a stock that will give you 5, 10,  times your investment. (they are out there, the amazons, the teslas etc., but they are few)
Getting in at the ground floor has risk. It's the stock market. 

So wait for loop to be profitable and buy in at $8-$10 a share. Or take a chance on their story, the manangement, and what they have in potential contracts and get in now, and have a 8-10 bagger on your hands.

[filoux004]

Did it ever occur to you that you need working capital to keep the lights opened. They have 3 months of WC and a monthly burn rate of 500k and no immediate revenus in sight. May be hard to raise capital?? Maybe at 40 cents glta

[Chitoryuteacher]

yes I did, You are right.  Not saying they don't have some challenges. If people would invest and hold, quit shorting and promote Loop it would help. We would be over $2 or closer to all time high. Shafik and Cameron came on board recently. Both highly respected and I'm going to suggest smart at what they do. They didn't join loop cause they see a sinking ship. did you consider

[filoux004]

That is a valid point, but sometimes the glow of stock options makes you take irrational decisions...time will tell glta

[Doctor90]

ill trust the decision of the 20 year vets over a board troll like yourself. Glta

[HTNYC1]

Filoux... Here's a short list of things that have already been announced that I'm pretty sure they aren't doing for free: - Yourcbd store roll out to 550 stores with an average of 4 tills per and an average revenue of $40 per till per month - Pilots with Pharmassist and Maplin - there is always a fee for that even if not fully deployed  - WBC full wallet deployment and ongoing

[Chitoryuteacher]

thanks for the share HTNC

[filoux004]

Polite rebuttal, Im well aware of all those announcements and yet not one dime has been booked as revenus, not even a symbolic milestone payment fr NTT or Telus.. for a so called cutting hedge AI platform to spend only 70k in RD is laughable. As for the WC there is no way they have enough cash for 2021 glta capital raise shortly at much lower prices

[pystocker]

Well Rob spent 370k on advertising..