InvestorsHub Logo
Followers 21
Posts 4401
Boards Moderated 0
Alias Born 04/18/2013

Re: RoBotInVaSiOn post# 4091

Monday, 06/29/2020 8:07:52 PM

Monday, June 29, 2020 8:07:52 PM

Post# of 4193
Dude, the concept is a complete bust with COVID-19. Face it, there's no way the machines are going to be able to continue unattended. You've got customers touching the machine that will have to be sanitized after each use. How's that going to work with no one around? Even if you came up with an automated solution, customers aren't going to go for it. Not for a second. There's no verifiable way to show it's been cleaned. LMAO.

Like I said before, virtually all of the locations the company got were horrible. So, it figures those would be abandoned. But what is extremely telling is the fact that machines continue to be sold very cheaply. If the concept and machines were so great, why not just relocate? There's nothing preventing that. Nope, the smart ones knew when to cut their losses and got out. Just like the ones who sold their shares at over $2.00. Oh, and don't forget to factor in the purchase price of used, broken down machines the lost deposits on the other 10-12 units. That $690K (minimum) brings the ROI out to like 2 years. By then COVID-19 might actually be over. That doesn't even consider the lost value in your own machines, because you now lost over $35K per machine. Fret not, we won't talk about the hard earned dollars lost on the stock purchase.

The one and only way for you to put us in our place is for you to post your Nayex report for 2020 YTD. Just do it already. I'd use my own login, but that was turned off a long time ago.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.