Post by
cabbieJBJ on Jun 15, 2023 11:23am
Actually, it's not a bad plan...
Base research/development is over. Expensed (good for future profitability, if there's revenue). In the crypto winter, Talent Summit work applies to CBDC. Any future IronCAP development will center on partner's specific needs (presumably, the partner will pay for this work). Focus on marketing and sales (through partners). Cut expenses and be breakeven on recurring business.
To use a baseball analogy, the odds of 01 winning the world series has moved from a bet on the Oakland As to a bet on the St. Louis Cardinals.
Here's a bone for Blue...the two most encouraging statements were now we'll be harvesting (hahaha) and the new shiny object, AI is in AC's wheelhouse (Oh, yeah!).
GLTA.
Comment by
blue55 on Jun 15, 2023 2:42pm
I see no pathway to recurring revenue. Apparently, neither does the market....115k shares traded and 47% increase in share price smells fishy to me. Perhaps a very minor league market maker. LOL.
Comment by
FunnyGuy on Jun 15, 2023 4:29pm
share price will head back down to 10 cents shortly