GREY:FGBDF - Post by User
Post by
FOInvestoron Feb 26, 2018 1:24pm
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Post# 27622088
Value of FGD
Value of FGDThere is a lot of talk about the value of FGD. When I bought this stock I based my personal estimate of valuation on comparables like social media accounts which pay over $500 for identity verified users and Banks which in Canada have paid over $3000 U.S. for each credit card user.
I believe that FGD's user base will far exceed the1,000,000 user base once the company puts in place the marketing to promote the app. Hopefully, they'll do this before the competition establish their own apps and launch their own campaigns.
Regardless, I figure that this company with its user base, partnerships, licenses and potential for many revenue streams, is looking at a value above $3 billion. I've read from one analyst who pegs it at between $3-$5/share.
So why is the company's share price going down? I believe that it is partly due to the executives being too busy with their partnershps to pay enough attention to communicating their progress and details with the investors.