The only blockchain profitable blockchain cie in the market but MAINLY, scalable to a hundred of Millions market instantly is ID. Their software is TOPNOTCH and ready plug and play. Look at their september press realese, they signed with 6-7 institutions (hospital, law firm, police departement,etc) and the list keep increasing. It's a matter of time before they get it top bottom instead of bottom top ( a security company dispatching ID's application to all hi sclients)' and this stock pop to 50cent even 1$ very shortly is very realistic.
THeir was so much post yesterday that I Will copy my previous post. I Invite people to deeply read this and do DD accordingly. We have a true gem and LTV / FTEC can just wish they had a so low market cap vs potential. ID is the next big thing and market is days to realize it. I would load solid before it's over 50 cents.
Regarding the quality of the company and their programmers : Theses guys went to 2016 and 2017 Hackaton and their application was not even hackable by any participant. It is Insane!!!!
Even SONY and the CIA got hacked in 3-4 days regarding their software tested security system...
Don't be shocked or suprised if this just get buyout ... it's NOTHING for Gmail or Hotmail to buy it out.... Just do the math quickly.... Thoses getting hacked DAILY internally AND their custommers. Microsoft had estimated loss of 151 millions in last FISCAL year for DATA BREACH AND HACKING. IMAGINE. so If ID can solve let's say 33% of this problem (because not all hack are from e-mail).... They could still pay up 50 millions and be profitable the same year... Very theorical because they would value it way more than that because they calculate it on a 10-15 years basis but stilll. The very low market cap COMBINED with the very high economy of scale that theses monster multinational can generate.... Don't be caught chasing above 50c... It will be huge. I called APHRIA at 88 cents and it was 6,5$ 5 month later. I see the same thing here (in Blockchain instaed of weed). Also I called LTV at 13 cents at it is around 50 cents now (topped 66 cents). Saame thing is happening this week starting tommorow AM
Finally, on the large scheme on thing, already said but for the news....
I do think this will be over 30c this week and will go in the high 40's before consolidating around 40c.
Here's reasons supporting bullish claim
1) 800% Growth revenus
2) Profitability reached beginning of november
3) Solution being looked at by Apple/Microsoft and big company since e-mail data breach cost millions
4) Recognition from a lot of serious firm/institution (hospital, law firm, fire departement, etc) with close to 100% satisfaction rate
5) Margin of 70% (the only one over the 13 blockchain play on TSX that is PROFITABLE)
6) They have a huge network of resellers and partners worldwide
7) Average cost of data breach by e-mail is 4 millions PER Breach, this is a 200 BILLION market (Bloomberg), so they have the most valuable solution in the market
Therefore, I am expecting huge partnership / sells news soon or even a buyout at 1$+ is possible.
You gotta put thing in perspective, they ''worth'' 13 millions on the market now, they have 40 000 custommers and generating over 70k of profit / month by december. Also, their proposition solve problem of big company like Hotmail (Microsoft) that get hacked daily and have thousand of thousand of custommers.
It's a questions of days/week before this get to 30c plus and start to run over 50c.
Mark my word, said it a LTV at 21 cent and now it's around 60c... their proposition is relativly similar but to very distinct application.
Therefore, ID have already generated profit and has a plug n play solution that make it way easier to expand it to large data base like HOTMAIL or gmail.
Regards
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