Why FOBI is $50/Share and even more.People talking about revenues on a tech start up are laughable. Fobi is a mere 3 years old and will cash flow higher and higher every quarter, this we know. Rob will have several hundred lines coming in and it will be a monster.
Take this into consideration, the AI tech alone is worth $1 billion minimum, that is $7/share on a stand alone. If you add in year over year revenues at $10 million/year which is low you add another $10/share per year at a 10x multiple, so that's 4 years at $10 = $40/share + the $7/shares for the IP, folks there you have your $50/share Fobi. You can take these numbers and add a higher multiple or more revenue or a higher tech val on the IP and the sky is the limit so do not listen to these absolute morons who say the sky is falling. At these prices we are about to explode.
Buy more and thank Stan later.
#FOBI50
MVS