Post by
rexrex on Oct 13, 2020 11:09am
Future seems Bright
Seems to me that financing might close sooner than October 19. Which means that there is potential for some kind of news release by this week or next week. The question to ask here is when someone invests $6.5 million in a company they expect at minimum 3 to 5 times return. As a savvy investor with deep pockets who probably has done their due diligence and has increased their financing figure from $5 mill to $6.5 million means that they expect extremely good prospect for the company soon. So safe to assume that if you are getting financing at $1 a piece than you expect to exit at around $3 to $5 a piece...that being said, exit will be most likely via a sale or merger with a bigger Company. Now the question is, who can pay half a billion dollars to purchase Gatekeeper....well the answer is the likes of Amazon, Google and Uber in my opinion. Imagine tying in the technology with Amazon Ring, Google Maps, Uber Rides. I may be speculating here but remember ring (a startup) was purchased for a billion dollars. Even if I am wrong, shopping institutions such as Walmart, Costco and food outlets such as Mcdonalds, Wendy's may have Gatekeeper technology in their stores one day....the potential is limitless in my opinion.. So the $1 financing may seem chump change when Gatekeeper hits $10 a share... Just my opinion folks...but to me the future seems bright...