Intriguing, but cautiously optimistic. Leveraging legacy in virtual reality. All of the accomplishments of WDDD are quite impressive. However, it raises the legitimate question of how much of those accomplishments were monetized, profitable or added to the price per share?
The economy is in a tightening phase so money will be more difficult to by. It takes $$ and investment to develop software to play in the Metaverse. Not an easy task to launch an upstart in a new space.
For those saying we could be at a $1 soon. Maybe, but it sounds like a pump and I will believe it when I see it. A 30x increase in PPS would surely be a home run here.
Hopefully, something positive develops here and at least gets folks heads above water on their initial investment.
I have always heard that averaging up is how to make $$ in the markets. Averaging down is funding a sinking ship. Maybe/hopefully things will be different here.
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