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Re: Watts Watt post# 3687

Monday, 05/23/2022 6:47:37 PM

Monday, May 23, 2022 6:47:37 PM

Post# of 8114
Lol it is.

Private equity investments that I’ve been in pre series A and series B, normally see 100k investments by Atleast 5-10 investors.

Putting 100k into a penny stock (yes penny sicne it’s less than 5 bucks) is by all means a risky investment as I can take my 100k and put it into something volatile and make a quick 20-30% and that’s more than what an advisor can return in a year that’s not in with a hedge fund.

Why risk it here if things aren’t going good?

Also sicne when was 60-100k not a lot of money for commons???

I have larger investments in company’s that have yield and are much safer compared to something that has not produced anything worthwhile yet.

I can’t speak for everybody here but I would consider this company to be a going concern with the way they have unfolded even with Foxconn. Now with that said…again this could be a thing a few years down the road but as of right now this is not looking good enough for that type of risk. Heck I’ve got investments in 2 micro caps that are more than what I would have put into here but I also had to sign NDAs for both of them to partake as I wasn’t putting money up for commons and gladly took preffereds with voting rights and better safety.

As of right now this stock has been lack luster and will continue to do so unless those walls on the Lvl2 come off.
JUST SO YOU KNOW…I’m no paid basher…I invest full time and try to hit my quarterly numbers by doing research

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