InvestorsHub Logo
Followers 2
Posts 346
Boards Moderated 0
Alias Born 11/11/2015

Re: None

Thursday, 12/07/2017 7:00:17 PM

Thursday, December 07, 2017 7:00:17 PM

Post# of 97630
Good Afternoon WRFX Long's:

Disclosure: I am long. Position 5mm. I'll grow it slowly as I see fit. I have dry powder, but it's not a matter of slapping the ask...IMO.

A couple of thoughts:

New management sounds impressive. Compelling enough resumes' to throw some risk capital at it.

Product. Post quantum encryption? You bet it's needed. A good story. Worth a flier.

Share count. Acknowledged to be large and growing. Not a concern for me at this point since the market cap is tiny, even if they fully dilute to the 2bb+ share count.

WhatsApp comparisons. I believe it's apples to oranges. WhatsApp commanded $19bb from FB because it had a huge and rapidly growing user base of retail consumers. FB wanted to bring that user base into the fold, I believe, to help them drive advertisement rates and subsequent revenues.

WRFX's encryption protocol, I hope, goes well beyond a chat app. I interpret the chat app to be a demonstration platform built to aide in the sales process. I don't anticipate nor do I require them to build and support a massive consumer user-base. WRFX needs to demonstrate the protocol's efficacy and durability.

Questions: How is the protocol deployed? Data layers, transmission layer, storage layer, application layer? How is the product deployment supported and monetized. If it's an encryption framework, what prevents duplication without paying WRFX? Can the NSA hack it? I'll bet they can hack any binary system in existence today.

Post-quantum is a buzzy sounding phrase as the first reliable and scalable q-bit computers remain nascent.

Man...I hope these guys have a tiger by the tail and it makes everyone involved rich...including us lowly common shareholders.

GLTA.