Where is the bacon?I read the recent news release and it is lots of plans for the future. But plans are just plans. Until done they remain plans.
My question is: Where is the bacon?
What drives a stock price is SALES and I did not see any type of forecast on this point, the main driver.
What I want to know is:
- what is the projected transaction level for 2020
- how much is the percentage rate they earn on each transaction
- what is the breakeven point
- how much money will they have to raise for marketing
- where are the growth areas and why will customers switch to Revo
Until I get confirmation of these points, it is all blah blah to me, meaning talk. I like to see action.
I am interested in getting a share position but ONLY if I know financial facts.
I looked at financials in my due diligence and it brought me more FEAR than greed.
I had invested previously in one of these bitcoin type companies and it was a disaster. They were expanding to the world, they were going to get the whole market and in the end they only got very little customers, at low percentage rate, which meant they were not profitable.
I am not doing the same mistake twice. I need answers first.
I will wait and see,
MPO