RE:LOLAgain, I just can't wait for the next Insiders Filling to see if they back up all the positive claims about the company and its technology with their money meaning Buying shares in the open market and not selling any of the Stock Options and Grants that have been given to them on the back of shareholders, mostly the Retail ones, that usually are the ones left holding the bags full of promises but with no money.
Do your own DD and GLTA..
leodevoe wrote: Just checking in. I see the day hasn't been great. The money that piled in is getting out fast. A quick review shows the hopefuls are still finding clues everywhere that this is the big news. Pretty funny. The zealotry is always entertaining. No matter what happens there's always a sign that the real news is just around the corner. Back room deals are being cut. Merger talks underway. Blah blah blah.
Let's talk facts here for one moment. Yfi came out with another press release making grandiose claims with zero supporting documentation. They didn't claim they were twice as good as the competition. They are 18x's better. Wonder why this isn't news in the wifi world? Well it's cuz people laugh at this stuff. They think it's funny that anyone would publicly make claims this outlandish. If you want to, cool. Maybe release the data. Back it up. The baggies claim it's too proprietary. It's a secret. Sure. Uh huh.
If it were me and I had this news I'd have done things a bit differently. I'd release a report showing what I did and what the results were. In detail. I'd have some support in the report from the partner. Maybe some nice words. I'd have a financing package to show how this is so good people now are ready to put some real money on the line. Maybe I'd have a customer who has issued a PO. In other words I wouldn't just release some unsupported hollow words that aren't even clear on how the POC was run.
On a final note, is it possible this could end up being real? Sure. I mean, the tech is only 18 years old. And Yfi has only been public since 2012. Seems reasonable that since, as Yfi says, they are an early stage company things could blossom. I'm pretty sure this is why the baggies, as they enjoy watching Die Hard on the ole LaserDisk, still have total commitment.