Yeah, its an amazing company. Completely unknown. Its off the US radars because its not a US based company. The money behind the deal is from a mining billionaire who builds and sells companies left and right. One has to surmise that this is as pure of a buyout play as it gets. The company is very quietly building partnerships all over the place. Given all the progress, and with the lockdown, I imagine we will see an ER that puts them from the red into the black which will set up a buyout.
The current O/S is 132.73 million. Float is 101.2 million.
Insiders own 24%. Has a market cap of just $9.95 million Canadian.
This isn't a play where you wait for the pps to go up as business progresses, although it will. Its a play that you hold and wake up to buyout news. All research indicates, as I said above, that this is a pure buyout play.
If you look at the guy's other plays, you have VRSSF, Versus Systems, which is the biggest unknown tech play I have ever seen in the 12 years I have been doing this.
One thing you must know should you invest in Moovly or any of this guy's plays is that the pps goes up and down on a whim. If you are playing them short term, they will be very frustrating.
Moovly Media - MVY Canadian Ticker MVYYF American Ticker
Versus Systems - VS Canadian Ticker VRSSF American Ticker
