Step back- assess situation:
1. These recent new SIM card regions
And pricing plans will go nowhere without
Strong marketing.
2. As I stated before, it's all about piggybacking
Off star hubs customer base (which requires
No marketing, and costs associated with that).
For that privilege , velatel gives up a significant
Part of the company down the road.
3. The delinquency in reporting, debt obligations and such
Get mitigated somewhat once the 4g activation
Occurs. George is hanging by a thread until that
Happens. As I mentioned before, this activation
Is 6 months behind.
My investment thesis is, it's still worth a speculative
Position at .0002-.0003 for a sell at .0006.
The huge dilution prevents this from being
Anywhere close to A ten bagger.
The bet is on 4g getting activated and Starhub
Migrating its customers, that gets it to .0006.