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Monday, March 06, 2017 1:41:03 PM
I think it's something to consider that ReThink (Shark Tank) got a $100k investment from Mark Cuban and Lori Greiner. Swantry's app suite offers a variation of this technology as part of their product. Cuban and Greiner took 20% equity for $100k. Does that mean in their minds initially ReThink and it's technology had a $500k valuation?
Robert Herjavic was "out" on ReThink. Might his group be "in" on Swantry?
The fact that Swantry has some relationship with Android is huge. In 2005, Google claimed there were 1.4b active Android devices worldwide. What can we expect from a conversion perspective? 1-3%? What revenues come from that conversion?
So many rhetorical questions and so much speculation but I like this company, I'm positioned and so long as the app is released on time I'm excited for the summer.
$WRFXD
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