Little positive vibe to read before bed From equity guru report:
“After I reemerged from the Arkave, I tagged Cambridge House boss Jay Martin to come try it with a Canaccord broker who happened to be standing nearby. It was a tough sell. Nobody wants to be in a goofy helmet in the middle of a business conference, so they gave me two minutes and were floored.
So floored, Canaccord literally set up and filled a $2m financing for YDreams immediately. You want in? Tough, it’s been filled. Big hitters. The right people. The sort of people who turn companies around.
Jay came out of the YD game with a huge grin and group texted everybody he knew at the show to get there and try it right away. From that moment on, you couldn’t get near the game without a one hour wait. When the rest of the exhibitors had wrapped up and left, there was still a line at YDreams.
We’ve talked about this company many times over the last few years because what they do is what most VR companies say they’re going to do – eventually. YDreams has been doing it for fifteen years. They’ve worked with A-list corporate clients like Audi and Nike and the World Cup and Coca Cola. And they have a thick catalogue of immersive tech that they can utilize when needed, for whoever wants it, without needing to develop more.
So why is the stock at $0.15? Because it came to market too early and because Brazilian currency isn’t worth nearly what Canadian currency is, and they haven’t yet made that jump between being able to sell here the way they do there.
But they have the tech. They have it in spades.
If they’d RTOed today into the Canadian markets, the valuation they’d bring would be stratospheric. But they arrived early and underfunded, so it’s a rehab play now.
Which is great for you, because you get to buy in at today’s share price and max out your profit potential, which is what I’m doing.”
source:
https://equity.guru/2018/02/07/go-time-ydreams-yd-v-canaccord-gets-behind-immersive-tech-player/
In my opinion if we see one deal in North America... 20’s will be left in the dust.
Do your DD.