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Re: FredoBar post# 3786

Wednesday, 06/06/2018 5:28:59 AM

Wednesday, June 06, 2018 5:28:59 AM

Post# of 22186
I've said from the beginning it was a long term play but from a financial valuation standpoint the stock inflated very quickly. Revenues or balance sheet never warrranted the price of the stock.

Bottom line is the company needs IOT product in the market earning revenues before any real price appreciation can be talked about. The company calls their product revolutionary but it's hard to see that when they aren't really getting any backers for it. JMO

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