ProText Mobility Inc (TXTM)

[Organic2]

Could explain why they aren't wasting energy to make videos ect and focusing on the product. Which is possibly the last requirement for a SA license. Once the blockchain is working and can be tested I think you will see a final review from the SA government and a license will be issued shortly after.

Could take many months to get the blockchain aspect working which is why you get a lot of pessimism. Things take time. Look at Canada or any other country with legalization efforts ongoing. Many people are missing that funding for an ICO takes place prior to actual development. Even though it may be months until South Africa comes online IMO. Money will be on TXTM's balance sheet long before production of the blockchain product even starts. Budbo got 35-40 million in exchange for 50% of their currency before they even started to develop their product! How much will TXTM's Phytocoin raise?

I think you will see real momentum from the Phytocoin - European grow side before anything happens in South Africa. This funding / outreach from the ICO will drive a lot of new names to this company as investors in the bigger picture. It's just a matter of been there, done that. This is a crypto trade before it's a marijuana company IMO. Crypto traders love firsts. You get the first CBD backed ICO. And a chance to own the public company behind it? I'd invest in that if I knew about it (as a crypto trader) And the crypto traders will be here soon. Why not get in before the madness ensues?

Good news is the Slovenian grow operation / ICO funds should provide quite the boost to $TXTM PPS and fund both the European / African operations.