RE:RE:So I just re-read Chris Parry's article of a year ago.Thx.
Just wondering if us poor 'ol rural folks have to wait for Elon's Constellation to be completed before we can stream the Disney Channel for our grandkids when they 'visit'. (Sigh)
doubledowndon wrote: I sent Equity.Guru an email earlier this year regarding their relationship with RVR and nobody ever got back to me.
If you scroll through their current focus you can see that RVR has been removed.
All I know is that the FCC is starting to hand out funds for companies to complete projects that will satisfy the demand for rural broadband. It's needed more now than ever due to covid-19 and US elections coming up.
Ironically the reason why the Crockett, Texas project has been delayed is due to Covid-19.
Only time will tell where this goes but if you look at who's on board with RVR (Vern, Microsoft, Wes Ward...) the pieces of the puzzle are all there.
But it does raise some eyebrows when the LOA with Metrolink got terminated, is it Rift Valley? or Rural Link Wireless? or Rural Link Broadband?
But even these questions don't eliminate the fact that, to go public in the US it takes time and money, and deals that lock in board members from selling their shares whenever they want.
It will be interesting to see how this plays out. My guess would be some type of M&A where RVR can trade on a US platform. If all the board members have already loaded up at this share price they will be free to sell whenever they want.
GLTA