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Saw Mike post a like on LinkedIn to a venture capital group that specializes in 2 to 7 million dollar deals. Not saying he’s using these guys... but this would fall in line with his comment about needing “less than 8 figures “ for initial industrialization.
Or maybe John DeLorean
Bezos has a beady little cleft chin. The chin in the pic could sink the Titanic. At this point Gregory Peck would be more likely than Bezos.
Exactly. The currency is real enough no doubt. It’s the infrastructure to exchange it that will be the game changer for sure. It will truly free the Zimbabwe’s and Venezuelas of the world.
I remember you posted that exchange. Probably what planted the seed in my head. With crypto so hot (and not going away)....and a ground up phone/OS...they could integrate things in ways that legacy systems would struggle. Once crypto becomes truly decentralized from the exchanges....and lives on your personal secure hardware with a person to person exchange model....it will mature into a real usable currency between individuals. The first firm to offer this in one intuitive package will revolutionize the world.
Another bit of wild speculation here on my part which I have zero evidence to suggest is anything close to the reality on the ground but...
*what if*
Utopya phones actually incorporated a self contained hardware crypto wallet (like Trezor) and an app that allowed people to pay each other person-to-person, no centralized regulated exchanges, no way for third world governments to even track it.
I read an article on India crashing the Rupee about a year ago and I remember thinking how incredible it would be to sidestep tyrannical monetary policy through the use of technology. Could unleash incredible amounts of productivity.
Anyway, I have no reason to believe this in the works (and if it were I would expect a smart CEO never to reveal such a master stroke)....just in my fevered $ANDI dreams.
https://www.cnbc.com/amp/2018/01/25/xiaomi-beats-samsung-to-be-indias-top-fourth-quarter-smartphone-seller.html
Interesting that the legacy brands always seem to struggle a bit more adapting their business models to compete with smaller competitors that often times can be much more agile in emerging market conditions.
I’ve seen it happen in the auto industry in a big way as well. The guys who start from scratch to accommodate a new emerging market may not have the huge money and infrastructure behind their venture but it actually forces them to be creative and efficient in their drive to penetrate the market. They are lean and fast and can tailor the business to the market in ways the big guys just can’t.
Agreed. Perhaps we call it the “Mullet Rule”. Business in the front....
I agree with your sentiments but maybe there’s room for a “casual weekend” rule? There is after all a lot of good DD here and when markets opened or news is dropped the board is all business. From a pure psychology standpoint I’d personally rather have momentum carried through the weekend with a little harmless dream casting than have things go totally quiet. That’s just me though. I do agree that non ANDI DD should be left out of the sticky alerts though.
That new Ram looks nice!
They could have convertible warrants with maturity dates and/or PPS restrictions set way out into the future for angel investors. Am I wrong in thinking they could allow for this without any future dilution if they were doing a treasury share/buyback play right now (while shares are cheap). Seems like a no-brainer to me but I’m no Wall Street guru.
If the desire is to up-list early next year, there are PPS minimums that need to be met for NYSE and NASDAQ. Makes the dreaded D word less likely IMHO. At least until long after an up-listing had occurred and PPS was well established so as not to be delisted.
Wow. She’s a juggernaut.
Bout to give us a whole new gear.
Thanks. Timing couldn’t be better.
$ANDI
Haha! I’ll check with the wife on that!
Funny thing-
we’re expecting our first child next week and college might already be paid for thanks to $ANDI!
I’m actually pretty impressed with the restraint that the CEO has been using in his communication (especially under all of the pressure for news).
Another stock I was in (rhymes with shlance technologies) taught me a little about PR pumping. Had a great run from .40 to over 3.00 all on a steady diet of weekly PR. I made great money on it but you could see the writing on the wall as PRs would get less and less effective on PPS and were generally less and less meaningful (and sometimes redundant). Ultimately....if there isn’t any material of substance or “red meat” to report to the shareholders it’s probably best to wait until there is. Otherwise, it’s the boy who cried wolf.
In ANDI’s case, I think (and sincerely hope) they’re making sure that what they tell us is accurate and watertight at every step (while only “showing a little ankle” on Twitter and email to keep things interesting and hint at the future possibilities)
Probably getting a kick out of our fevered speculation!
Has there been any hint of 5G capability from Mgmt?
It’s an interesting problem to balance long term and short term strategy at this price level because of the capital gains implications. If at some point ANDI becomes recognized as a long term play by a majority of traders....you’ll be seeing a lot more people holding out for a 15% cap gains rate. Especially with the kinds of profits we would potentially be talking about.
Thanks Beandog. That email is part of what got me thinking in this way. Could it be the 30 days was to quietly absorb shares back to the company at a bargain basement price? I don’t know but it would seem now is the time to do a buyback (not when she rockets to .25).
This was what I was thinking about in my first post.
How great would it be if they did a single PR announcing that they had multiple contracts signed and -oh by the way- they already had absorbed a big chunk of O/S while shares were sub penny. I think that would be a great way to do it to, at least in my own fevered dreams.
Interesting take. I don’t have L2 so I’m a like the blind man asking what a Picasso looks like...I’m trying to think of how O/S shares reduction would be structured while maintaining 1:1 shareholder protection. My thought was reflected in my previous comments but there may be many other ways. I’m not a Wall Street guru so we’ll have to wait and see. Mike has been a straight shooter thus far. Exciting times.
Thanks. Glad to be here. Hope to add in the coming days!
Just to clarify - I am NOT here to bash. Someone sent me a private message misinterpreting my question as malicious in some way. I’m asking a serious question. I have 2 million shares and have no intention of selling anytime soon. But I’d appreciate an honest discussion rather than being met with instant suspicion because I asked a thoughtful question. If what I asked has any truth to it, I wouldn’t want Mike showing his hand to us anyway in this regard. I’m just pontificating/anticipating a possible order of PR announcements.
I’m new to the board and have been buying the dips over the last week. I’m curious, but does anyone think that a stock buyback has been quietly going on already while the prices are sub penny? I ask because it seems that if Team U is trying to do right by the shareholders - while also keeping their own cash outlay to a minimum for a stock buyback - then they would want to whittle down the outstanding shares to an acceptable level before announcing any news that would drive the price through the roof (making a buyback much more costly). Am I out speaking out of school on this?