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01 Communique Laboratory Inc V.ONE

Alternate Symbol(s):  OONEF

01 Communique Laboratory Inc. is a Canada-based enterprise level cybersecurity provider. The Company has two business units. Its primary focus is on its cyber security business unit focusing on post-quantum cybersecurity with the development and commercialization of its IronCAP technology. IronCAP patent protected cryptographic system is an advanced Goppa code-based post-quantum cryptographic technology that can be implemented on classical computer systems. The Company’s other business unit consists of its remote access business which provides its customers with a suite of secure remote access services and products under its I’m InTouch and I’m OnCall product offerings. Its IronCAP Toolkits are available to vendors and can be used by vendors to build secure post-quantum systems for blockchain, 5G/IoT, data storage, encryption, digital signing and comply with the PKCS#11, OpenSSL and OpenPGP standards. Its IronCAP X is a cybersecurity product for email/file encryption.


TSXV:ONE - Post by User

Comment by cabbieJBJon Jul 14, 2021 3:55pm
172 Views
Post# 33543826

RE:RE:RE:RE:RE:RE:Release of IronCAP's API

RE:RE:RE:RE:RE:RE:Release of IronCAP's APII had a small position based on the litigation that was eventually lost.  I bought more when 01's direction shifted to cyber.  Now I am green at the current levels.  Luckily I am not one of those who are stuck.  Perhaps you fall into that cohort.  If that were me, I would probably feel differently.

Let's not fool ourselves, 01 is a penny stock.  If it hits, it could be worth lots.  If it fizzles, it fizzles.  Jim, I am sure you know that it is unwise to invest significantly in penny stocks if you are unprepared to take a total loss.

With cyber, 01 is in the process of reinventing itself; what's unusual with a "start up" is that the legacy remote access business allows 01 to pursue cyber without the usual need to raise gobs of additional capital that dilutes existing shareholders.  I view that as a big plus for any penny stock.  I'm sure you know that penny stocks usually are high risk and high reward.  01 is no different.  

Make no mistake, 01 faces an uphill challenge to achieve critical mass, or even significant penetration...but not an impossible one.  If 01 hits on some important milestones, I'll probably sell part of my position to cover my investment todate and hold the rest for a bigger payout.  I'm well aware of the historical record of this management group; however, I view as a significant positive, the fact that they have delivered against all the announced/promised milestones so far.  That helps them recoup some credibility with me.

If you can't see the potential positives Jim, perhaps you should consider selling.  I hope my perspective helps you with that decision.  Cheers!

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