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Extremely. I've been buying all the dips.

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H8ster   Thursday, 10/17/19 06:11:22 PM
Re: intwogrn post# 64
Post # of 84 
Extremely. I've been buying all the dips. I have more orders in for .23- .25, should it go that far.
Remember, their main issue they have is an awareness problem. Market doesn't know they exist.
Unless one follows their twitter or news feed, nobody knows about the League of Legends news, or even the Ladarus news from a week or two ago. Hell, nobody knows about the HP deal with the Omen Control Center.

So, I'm gambling that the lack of awareness and lack of them seeking awareness, will allow the price to possibly dip further.

One thing to note is they did start advertising here on iHub. That did bring added volume to the USA side of the stock, which usually pales in comparison to the Canadian side with ticker VS. The volume IHub gave them are day traders, one tick flippers and short sellers. So, with that volume added to the mix, I think we'll see some volatility.

The key for Versus Systems is that they need to stop raising capital through share offerings. It was okay for the first 3 years as they built out Winfinite and established themselves, as it is with any tech startup, but now they need to start finding other ways to raise money without shareholder dilution. They are just starting to bring in revenues which is fantastic. But is it enough to get them through the end of the year and beyond without needing another capital raise? With their revenue model, its pretty obvious that the League of Legends will be bringing them in hundreds of thousands of dollars, if not millions per month once it really gets going. We shall see.

This won't be lasting on the market for long once revenues start really flowing in. It will be bought out. When looking into the 'Money' that controls the actual company, the parent company is known for getting startups off the ground and then selling them for mucho dollars. You can bet this will go for top dollar, being the sole player in a multi billion dollar arena.

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