A modest proposal...
I propose, after reading what I can get my hands on about Kogeto,
that this company is ripe for a buy out.
Why?
"The Joey" is new, groundbreaking technology. A big company will
want it. Rather than develop Joey's technology in house, it's easier for them to just buy the entire company.
Here are some of the buyouts this year by major companies
Oculus RV bought for $2 Billion
WhatsApp bought for $19 Billion
Nest $3.2 Billion
(there are others, but these are the ones easily found)
Not a typo... billions!
Insane buy out figures like this would amount to several dollars per share to KGTO's individual shareholders!
Some examples:
According to Yahoo Finance KGTO has 39,490,000 shares outstanding.
If the buy out price was $100,000,000. That would come out to
$2.53 a share.
If the buy out price was $500,000,000. That would come out to
$12.66 dollars a share.
A billion comes out to $25.32 a share
And so on.
Not bad for a fifty cent stock.
*With credit to my anonymous sources.
