Comment by
blue55 on Dec 15, 2022 4:01pm
A 15 month old headline. Tech innovation moves a tad quicker than that. What doesn't change is the lack of a cohesive plan by 01 to monetize ANYTHING the BIG 2 represent.
Comment by
blue55 on Dec 15, 2022 4:48pm
Regarding your last paragraph. ITS HOW THEY ROLL. Is it poor management? Fraud? Corporate malfeasance? Why is the Chairman of the Board not calling this out? He is after all, supposed to be protecting the interests of the shareholders, is he not?
Comment by
cabbieJBJ on Dec 16, 2022 3:29pm
QT, you have hit the nail on the head. 01 does NOT have marketing/sales staff. They rely on partners to do that heavy lifting and, as a result, are at the mercy of those partner organizations. The crypto securitization initiative holds more near term promise, by I smell a foul stench around the partnership.
Comment by
cabbieJBJ on Dec 17, 2022 9:05pm
That's a possible read - you'd say probable or for sure blue. The contra pov is that it is too costly for the degree of funding available to 01. They have the $5M plus cash from operations. That's not enough. The partner model is not uncommon in tech start ups - which is what 01 is.
Comment by
blue55 on Dec 18, 2022 11:13am
Tech "startups" cannot be "pre revenue" forever Cheung has had several years Time to start monetizing