RE:RE:RE:RE:Face it folksThat bullsh-t conversation that caused this retail investor stampede was posted by one of the moderators of the FB group. That chief bullsh-ter resigned from his moderator position a day ago which is a quiet admission of guilt or failure or both. Even funnier is that he appointed some faceless wannabe hiphop artist in a Raiders jacket as his replacement....what a circus.
That bullsh-t conversation was reposted here by "notacasino" on July 25, 2018. Here is the post:
https://www.stockhouse.com/companies/bullboard/v.pat/patriot-one-technologies-inc?postid=28365654
As far as I understand there are ZERO institutional investors in PAT. If someone posts evidence to show I am wrong then I will absolutely apologize and start wearing a Raiders jacket too. For the record, Crapaccord was not an institution investor, just an agent of a PP ripoff. Alex Kon-mann and Butt Winds Research are also not institutional investors, their speciality are infomercials not unlike the Slap Chop.
https://www.slapchop.com/
PAT will never fly like the daydreamers say until real institutional money gets behind it. It will continue to be whipsawed up and down by retail investors because there is no stability behind them.
Real money won't show up until these guys have a product someone can actually purchase right now AND delivered installations that are proving themselves. All they have right now is a prototype and a few testing centers trying to refine it.
Something I have not seen openly discussed on this board (as far as I can tell) is what happens when this thing starts actually being sold and delivered. Does anyone else see the possibility of a cease and desist order being delivered from an existing IP holder at some point? The electromagnetic spectrum is not my speciality but there are some interesting pre-existing patents out there that have not yet expired. I wonder if PAT will be politely coerced into negotiating with any existing IP holders for a little unwanted profit sharing. Business is an intriguing sport, let's see what happens.