InvestorsHub Logo
Followers 15
Posts 691
Boards Moderated 0
Alias Born 02/08/2013

Re: janice shell post# 6762

Wednesday, 04/19/2017 11:28:55 PM

Wednesday, April 19, 2017 11:28:55 PM

Post# of 7135
Janice,

You are one of the most well respected posters on iHub, and you have my respect as well. I thank you for setting it straight that the new owners of LOTE have no connection with the past owners. We are clear and free from all of that.

I know someone from the past who hasn't been paying attention to the progress of the new LOTE dragged you into this, and that you had to respond. And so at a quick glance you gave your reply.

I know you have a lot of influence on a lot of people because of your knowledge and honesty.

So with all due respect, I'd like to let you know that I agree with your first two statements, but not the third.

So here goes...

The o/s looks reasonable.

I agree.

But it's been rising very fast since the r/s.

I agree.

And the market cap is excessive.

I disagree. Reason being that, simply put, we have to look at the big picture and just how big this company will grow in having the right product at the right time, and with the right people in place to make it happen. We can't set a base on a market cap of something with this much upside potential, and we can't base it on past performance because there is none. That's why people who have been paying attention to this new company are laying down their money. The upside is astronomical. The downside doesn't exist. I believe this could very well jump from pink to meeting NASDAQ requirements in a very short time. It wouldn't be the first. There is so much potential here to expand and grow. We just can't at this point time put a cap on it. We just can't.