Tower One Wireless Corp (TOWTF)

[gjervis]

Not complaining, will continue buying until there is no more to buy at these prices. For a management team to willfully lock up their shares which are 50% of the company for 3 years, says alot to me.

Truth be told, based on value investing, the stock is currently overpriced. What we are investing in now is the potential growth. At this current price of 20 cents, we would need to have 40 towers up and running based on a quick calculation. Maybe with the next news release this could be possible.

Right now, i think management's focus is getting financing that does not dilute shareholders, ie. debt financing. i believe should they get this financing which hopefully carries them to over 100 towers, then it's off to the races.

If we are at say 75 towers by the end of the year, a fair value should be around $0.4 or a 100% return from here.