ThreeD Capital Inc C.IDK

again just a reminder folks before you lose your perspective

[bridgenut107]

when the new NAV comes out for end of Jan 2021 remember there are two components of NAV

1. the numerator .....this is the market value of publicly known and privately unknown companies/investment instrument assets.
there is no audit  on these numbers whatsoever. In the case of private companies, it might even include cypto currencies and  various types of tokens. Tokens should be judged with some investor concern from the standpoint of what are they really worth if they needed to be cashed in quickly. For example  and i dont know if IDK owns any  but Kamari tokens have not traded in 6 months ....zeu and / sx  has/had  a ton   of them and they are $$$$$$ ???????. 

In addition private companies simply do not reveal anything. Their value is what the author  wishes to provide their public info on. Could be right or wrong .  IDK  has some serious private holdings in their total portfolio.   We saw this with BWN and PNP  before .

so , finally a good portion of your numerator is hopefully realistically disclosed  BUT THERE ARE NO GUARANTEES. 

2. the denominator ....ahhhhh yes therein lies the  real story . Anyone owning IDK before May 2019 and Mar 2020 has been forced by reverse splits to give back to treasury about 90% of their shares .  Since the denominator  is the number of outstanding shares , be aware that the outstanding shares have been reduced by 85-90% in the last 20 months so that number will be 85-90% lower  than it was automatically.  LOWER SHARES OUTSTANDING =MUCH HIGHER NAV

The net result is that the NAV reported is based on 85-90% fewer shares outstanding than 20 months ago and the numerator is made up of a large proportion of  unaudited  and unverifiable $$$.

Be that as it may , the mere wilingness to report NAV is a big plus but it comes with serious warning labels. 

IDK seems to be making a real comeback . So far so good .  Go Baby Go .

Anyone investing in IDK before May 2019 and also investing before Mar 2020 is about 30-40 % of the way back to breaking even with their capital ( no investment income , just return of capital invested ).  

GLTA . Remember the above , it comes from many lessons from the past. Let's see this work out for everyone .   Again GLTA

[Flacker]

WARNING, anyone who didn't FOMO in 2019 and bought in 2020 is well into the green! BridgeNut FOMO'd and got burned, he was been punted from other chat boards because his attempt to misguide new investors. He's living in the past and anyone with half a brain knows you cannot do that in this world. IDK is firing on all cylinders with their investments and will be one of the

[Yo_Dog]

Brigenut got burned b/c SI et al dumped on a massive run/few day pump the first time around. (Just look at the chart, incase you have forgotten) I got burnt as well. This time, however, I loaded heavily in the < $0.06 level swearing I was going to wait for the next pump. I loaded and have been peeling all the way up. I will continue to peel on the way as a risk management view.  Know when

[bridgenut107]

interesting post and very true. Well done  .

[bridgenut107]

as usual Flacker you are simply not telling folks the whole story. You have joined the discord group and they are definitely more enlightened than you are . You are a passenger with them , nothing else  1. your comment of anyone buying in 2020 is a winner is simply a idiotic: IDK raised $590,000 on Jan 28 2020 20 million shares at .03 Idk raised another $ 300,000 on Feb 25  and gave