OTCPK:INPCF - Post by User
Comment by
Weebleon Jul 20, 2017 7:51pm
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Post# 26493086
RE:RE:RE:RE:RE:RE:Input 101
RE:RE:RE:RE:RE:RE:Input 101I agree with you and others that it would be good to be out of the Venture exchange but I wouldn't make a mountain out of it. It will happen one day.
You really sound like either an impatient investor or an investor with an axe to grind. Insulting other investors or calling them unicorn believers like you have done is out of line. I am disappointed at the stock price too but if I was management, I am not sure there would be much I would change. They are not flawless but they seem to be learning, adapting, and expanding and in the short time this company has been around, they have accomplished a lot. Surely you don't really think that the more streams they get the more money they lose?
As others have said, this is early days. According to the latest presentation, there are only about 300 contracts signed out of a potential 50,000 farmers or 60K tons out of a potential of 20 million. There is nothing stopping them from going in to other crops or markets. I am not saying this is the case but if Input makes zero profit by pouring every bit of money into more streams and contracts for future gains while still paying a small dividend that is fine with me.
https://s1.q4cdn.com/784243260/files/doc_presentations/2017/07/170719-July-2017-Corporate-Presentation-(FY17-Q3-Ops-Update)-vF.pdf