TSXV:ART.H - Post by User
Post by
linericon Jul 15, 2016 8:31pm
534 Views
Post# 25057969
Some Concerns
Some ConcernsI have been a s/h for well over a year and I am disappointed in the results to date in regards to the s/p. I was partly attracted to the company because of the quality of the board of advisors. It is really impressive to have names like that associated with a company.
I just wonder who in the company has the charisma to attract those names. My bet is on Paul Anka.
Really, the other board of directors is not too impressive as it relates to their prior success at TSXV companies. Although Paul Bozoki seems to have a few winners.
I doubt this company is a typical venture scam as those big names on the B/O/A would never want to be within a solar sytem of a such a scheme. The other B/O/D would never get a job again!!
The shares out are not too bad. The insider group (which would include the NIKO held shares of 385,000) means there is about 50M in the open market and likely some that is held by friendly hands.So the float is not the problem, although there may some overhang from the previous owners who could be selling into any rally.
There is a lot of hype now about VR and that is ART's gig, but it seems they are doing their marketing from the top down while the competitors are doing it from the bottom up, tying to find ways to get VR in the hands of the consumer.
The NetDragon partnership is positive. Likely, they will try to steal the company at some point.
This technology is certainly going to big in the future. This stock should be way higher than it is with all it has going for it. Hopefully, the smart guys that are running this gig find a competent market maker to get the s/p rockin.