High Drama in deed! Like a soap opera as Hweb noted.
I have to concur. Very fun adventure. I was watching Ault's podcast yesterday which was from two days ago I think. I was hoping for something MICS related. Just had nothing noteworthy. But there is drama on the other side as well. He made only one comment, saying he was getting lots of criticism for buying us. A Karaoke company unrelated to Bitcoin I suppose. And he got upset and defended the purchase and others. And that the company his in a strong position flush with cash and having a great time buying extreme value in these opportune times. Using Buffett's words as a reference. All of which I agreed with. On that part.
Later, he exploded on someone in his podcast but then apologized and said he was exploding on "everyone" and not him and that he didn't deserve. I do find him interesting to listen to. He defended the ATM move again, saying it was in every filing for years and the company is much stronger now. I agree with all he said. But he blamed it on the investors that didn't understand, basically. In a nutshell, the defense is you should have known it was coming. So, it's your fault. Yet, it's going to all work out. Don't stick around if you don't like it. And that his Podcast is about RISK ON and not Bitnile.
Lots of drama. I do find it interesting. Both of them libertarians on that stage. Ault isn't near as extreme. And he can be very level headed. I wish he could have sane conversations and not polarized as he describes them. I believe in a stronger federal govt. though and don't agree with his states rights diatribe. Majority doesn't necessarily rule. This is a Republic, not a Democracy. I'm more in Lincoln's stronger federal govt. camp, which his friend would call a RINO. It's a very persuasive way Ault puts things, but at the end of the day it's a good sales pitch. With many flaws. With his line of reasoning, the KKK could determine where real life begins. In the correct race? It depends on the elected officials of that state by Ault's reasoning.
I do think his purchase here was a very good one and his defense on it is correct. And that he isn't just a Bitcoin company.
Lots of drama. Especially down in our cargo bay as shorts scramble to survive in the dumpster where the walls are slowly closing in on them. HOpe to see another filing from NILE soon of more buying! That would be great!
