So you feel the fundamentals of the company and execution by the management team are solid? I disagree with your reasons on why this particular stock is challenged. I am not willing to give the management team a pass on executing welll and blame the stock’s problems solely on the OTC market or the time of year. IP alone is only worth so much. How a company and team prosecutes opportunities related to that IP is the real value driver for companies relying on a competitive advantage based on that IP.
Will they figure it out? Maybe. Until the filings show positive surprises, which are usually a sign of solid execution, the stock will continue to be challenged.
I’m also waiting for the next shoe to drop related to their private placement fiasco Some attorney will see opportunity in bringing suit on behalf of investors who were harmed by purchasing shares from non-professionals who were paid bonuses based on selling a target amount. That doesn’t sound lvery investor/franchisee friendly. Sounds like coffers were being filled with little regard for the people buying (whether they are accredited investors or not). Read the filings.
A big positive, from my perspective, would be updates on deploying robots for their largest franchisees and markets. Why have we not heard anything about California, where some high profile (high dollar) deals were inked? That is a big lurking question that could end up being a significant tail-wind, or an albatross.
Until then, I’m looking to build a position when the stock dips to $0.50 or lower. Already have my limit orders set.
AI
