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Wednesday, September 17, 2014 4:34:45 PM
Many dotcom companies like LinkedIn and Facebook did not have revenues or profits at IPO and still huge investment opportunities.
Yea, but the ones you're talking about have enormous cash flow and revenue growth. That's the big difference. I don't think Amazon has ever made a dime but the cash flow and growth are huge. And they're solvent. MRIB is not solvent without heavy dilution and stock sales. Big difference. Fundamentals. It will all become clear in a few weeks. It won't be pretty. They have no cash flow from core product and no growth to speak of. Going from $2500 to $5000 is not growth. They probably spent twice in expenses to make $5000. Very sad. No talent and no sales. Dan is a fraud as far as I can see. It's why he has no resume. Probably drove a forklift at LaVecke. Not even sure that's his real name. No history on any Dan Senters prior to four years ago except a 70 year old guy who happens to live in Orange County. Father? It's all red flags at this point.
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