I think I will repay my loan with which I got the funds to invest in this. but after I sell some @ .15 I am going to hold the rest until over a buck. and keep most for what I hope are dividend shares... I like the idea of getting residual income instead of having to sell to make a profit.
Was hoping with your insight that you could confirm some IHUB posts regarding the Steve Berman & Protext Mobility connection. I have seen some posts in IHUB that he still owns a lot of shares. Can you confirm that? If so, do you think it is because of restrictions, something is in the planning process for the South African market or another reason.
Back to the math. Only 300k in earnings, with a 63 million dollar market cap. That means it is trading at 200 times earnings. So if this hits a nickel that means it will be trading at 400 times earnings. Show me a stock that does this in the real world.