CarSmartt Inc (CRSM)

[tchalla]

dude, i called vibi, gxxm, etfm, and that other rideshare stock that nobody wants to compare to this one, even though they have $1mil in revenues and trade at .000 level. all of those stocks turned upside down, as i tried to warn people they would. and folks thought they were the next multi-billion dollar companies in their sectors. lol if you think that crsm is not going to take on debt that negatively affects the share structure, you are not being real. the os is over 350 mil here. just because 300 milly are restricted, doesn't change the way market cap is calculated. they have no cash. you don't inject cash into a company without something in exchange. they have no revenues, so they can't use that to secure funding. they have no assets other than a basic rideshare app that anybody can create. no ip. and, the market is saturated already. even uber is not growing. so, if you think they are going to capture market share from uber, who is not profitable, by offering "cheaper" rides, that is delusional. uber's profits are coming from other areas of growth within their business. it's not the ride-sharing part of their business. so, crsm is a start up rideshare. they are not gong to garner any marketshare. they can't pay people more and charge less for the ride. they won't even get off the ground that way. the business model is not viable. i think that the reason they came on the otc is not to become a viable business. .i think they came on the otc and timed their development of a "rideshare" app to coincide with uber's ipo, to make self-profit. i think they are going to ride the momo this week and then the rest will be bust. they know they can't get anywhere in this business. but, they can make a few mil selling shares to dreamers in the otc.