Phunware Inc (PHUN)

[SecretMillionaire]

So Much Excitement; So Little Return

I've never seen my business partner so happy before. Going from $300 to $5 to $8. And this is outstanding performance he's proud of.

Well, don't look at me! I didn't train him.

5 cents to 8 cents is the same return as $5, $8, if anyone is interested. It's not a big deal. The warrants are still saying the same things they said since day 1. Whether it's $300, $5, or $8, the warrants don't care!

If you were to have a little patience, you could get a deal at $2. I'll show you how that's done this Summer.

In the meantime, look at what we have here. 30M shares, 30M in sales, dilution for no reason, and high volatility for an expensive market cap of $240M. That's not where value investors congregate. In fact, if you want my money, you need to be kissing my royal #$#! Which I'm not seeing.

In comparison, in Austin where PHUN is from, there is a small cafeteria chain called LUBY's with $300M in sales and the same OS almost. And it's shrinking but will be profitable before PHUN as I see it. Do you want $300M in revenue for $45M or do you want $30M in reveue for $300M? It's like a flip flopped position.

The exact opposite, and look at what my business partner is fawning over? Unbelievable!

That's why we are great team! Your money, my bank account.