Friday, September 21, 2018 12:02:41 PM
Here is why
CEO owns majority of the shares here and he is not selling for 0.1-0.2 - see the emails I posted
My guess he is aiming for 300 million market cap and sell to a NETWORKING company, blends into their social Wi-Fi , hardware and software.
I know many of my friends in Bay Area who were working at Cisco, ended up same way, they forked out of Cisco, launched their product and sold back to Cisco for 400-500 million.
My guess this gets sold to one of the Bay Area company - Broadcom, Juniper, Redback Networks - Many out there..A perfect software hardware and services company,A good list of clients, blends into any Networking player who wants to get into social Wi-Fi space beyond selling hardware.
My guess is CEO is heading in that direction based on the conversations I had in the email. Lets see how this story unfolds
This is exactly why the Twitter they are making clear to people to post legitimate comments..Their partners, clients other refer to it..The business position hires posted on Twitter = They are preparing for big launch
This is what most companies do, the hiring spikes ahead of IPO
This is mini IPO in pennyland
DO NOT underestimate power of their Technology
forget sock price
Do some DD on their technology and their clients
CEO made it clear, the demand for their product is exploding hence the reason for going public !
Hope all get it now, spend ton of time on product DD
I see this as next F@SSZ in making, FU@S traded same way in 0.02-0.03 and then hit 3.7 later
500 million shares are preferred shares and restricted, CEO owns it, the float here is tight and CEO has clear plan where he wants to take this further
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