RE:Question luther30 wrote: Can someone from the seasoned veterans helpe out. Why do you feel this is a no brainer under .20 and do your own DD. I've done my own DD now and yes it seems cheap. But can I get a recap please. I'm not an expert reading the financial statements but it looks like we're making some revenue over here but still losing money. Thanks ahead of time.
One important point that I am focusing on:
Our company offers Cloud solutions. All the big players are worried about security and are investing in Blockchain technology to secure important data and private business material.
We have just include some Blockchain to some of our key features. We have a patent on some of these features and that means we obviously have an edge for something with our services that the big boys cannot offer.
This will drive revenues. Also, some of the big boys will kick our tires and ultimately we will be bought out in my opinion because of the American and Canadian patents! I would assume, Europe and Asia will be the next frontier in the meantime.
The company has a low float so I anticipate the company being values by a brokerage for around $15-20 million market cap in the near term and higher as business deals and revenues play itself out.
I try to reason our the future forward value of a company before I invest and I initially thought that the patents and business of this co. right now is worth 10 million which means I believe we should be trading above 30 cents. We should get there this month or next in my opinion.
BOL