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Bullboard - Stock Discussion Forum Personas Social Inc V.PRSN

Alternate Symbol(s):  PRSNF

Personas Social Incorporated is a Canada-based company, which is engaged in offering social media products and services for use by consumers and businesses, with a focus on mobile (iOS and Android) products. The Company’s business includes live-streaming social media products and services for use by consumers and businesses on its live-streaming social media platform, with a focus on mobile... see more

TSXV:PRSN - Post Discussion

Personas Social Inc > Peeks Asset valuation
View:
Post by Mamboita on Aug 19, 2024 11:21am

Peeks Asset valuation

I am wondering how they evaluated the Peeks asset at $4540000 today as compared to years back when the technology was valued at over 100M? Any thoughts? Am i confusing two different things
Comment by lscfa on Aug 19, 2024 11:45am
The voting circular should explain how valuation was arrived at
Comment by lscfa on Aug 19, 2024 11:57am
CEO sold Peaks for $100M, now buying back for $4.5M....typical
Comment by Sadie27 on Aug 19, 2024 2:50pm
Finding it hard to trust the CEO
Comment by Ricky1975 on Aug 19, 2024 4:25pm
I completely trust Mark and his abilities to get this going. I would advise you to go into another stock and move on or you're saying this so you get someone to sell their shares cheap ain't it cheaper than this so either I'll go somewhere else.
Comment by G4General on Aug 20, 2024 8:35am
PEEKS IS ONLY selling the domains and trademarks, NOT the  technology which was valued in 2017 for $128,000,000.  So no there is no price depreciation. 
Comment by Mamboita on Aug 20, 2024 9:08am
This is correct. Mark confirmed this to me as well thru communication with him.
Comment by Ricky1975 on Aug 20, 2024 12:24pm
That's for the factual update !
Comment by lscfa on Aug 19, 2024 2:40pm
such a tangled web of transactions makes it hard to keep things straight... https://markets.businessinsider.com/news/stocks/peeks-social-ltd-enters-into-definitive-agreement-for-the-acquisition-of-personas-com-corporation-1014975662