Post by
cabbieJBJ on Jan 13, 2022 1:25pm
Conference call /results
Didn't answer my queswtion on IronCAP revenues from the partner agreements or describe a clear pathway to profitability. The breakeven, which I recall was forcast for thsi year is now 2 years out. Who knows?
It's a tread water situation while the sales force (i.e. partners) is built out. Not in control of the key sales lever as I see it. A significant new partner(s) of solid results form existing partners will help.
That said, it's a small spec holding for me that has minmal downside and the potential of a 5-bagger, or more, if it catches lightning in a bottle.
Comment by
blue55 on Jan 13, 2022 2:07pm
Are you finally willing to admit it is a scam? Disinegnuous is a polite word to desribe this management team. Ironcap has ZERO chance of any commercial success. Next we will hear that a competitor is making hundreds of millions in revenue, BUT is using (gasp) Andrew's patent. Right back where we started.
Comment by
cabbieJBJ on Jan 13, 2022 2:41pm
No Blue, I am not willing to admit it's a scam. I don't believe it is a scam. It is very difficult for a small operator to blaze a trail and that is prcisely what 01 is trying to do. I wish you would simply stop trying to save the world from Andrew Chung and retire to somewhere and find a new cause.
Comment by
blue55 on Jan 13, 2022 3:14pm
NOTHING that you say in their defence has any substance or merit. A fool and his money.........