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Re: greenwillow post# 483

Thursday, 12/21/2017 10:01:02 PM

Thursday, December 21, 2017 10:01:02 PM

Post# of 4782
At first I thought steem might be part of the reason this hasn't taken off yet. I don't want to see them put all their eggs in that one basket. I feel like the idea for steem is great but it could easily be replaced by some other social media crypto idea. I am no expert.

But it's probably just lack of exposure. They just raised 42 million and they trade at a 68 mil market cap fully diluted I believe? (38 mil o/s). I mean, considering their BOD and crypto/blockchain stocks lately that seems kind of low? 1.5 times cash?

The company itself hasn't really even tried to raise exposure yet, you can't even find important PR's on their website. They trade on the pinks and they have 42 mil in cash. Maybe they are trying to lay low because they want to beat everyone and be first in the market with new steem apps.

Or they are waiting for the new year?