My predictions a couple weeks ago related to the podcast today…
“My predictions for the next couple weeks prior to year end. No name change this week. No PR’s prior to the 12/29 podcast, the final of the year. And there will be few updates we don’t already know on the podcast.” In other words, Ken will kick the can down the road. Hope I am wrong but if I’m a betting man these are my bets.
Just listened to the podcast. My observations.
1. Revenues for Q4 likely $300K based on Ken’s prediction of being well over $900K for the year. I assumed $950K for the year. End of Q3 revenue was $651K YTD. They reported $511K in Q3 so revenue for Q4 on a sequential basis from Q3 was down 41%. Why did revenues decrease so dramatically from Q3 to Q4?
2. Huntpost SPAC now seems tied to the acquisition of several trade shows. They have purchased no trade shows at this point. This won’t happen any time soon in my opinion.
3. As for the MJ Link acquisition, it seems like they are waiting on the buyer and that it is out of their control. Generally I don’t like the sound of this. Ken always seem to indicate that the MJ Link liquidity event was tied to the safe banking act. Well we know that ain’t happening any time soon.
4. Bottom line just as I expected is that he said nothing new we did not already know and he equivocally kicked the can down the road. Everything now is 2023, the same time he said about 2022 at the end of 2021.
For a certain poster on this board, please don’t tell me I’m confused. I have zero confusion on what is happening here. If I have any confusion it is wondering why several longs here refuse to question or hold Ken accountable for not meeting his expectations. He’s been at this for TEN years and still hasn’t hit $1M in annual revenues.
My bold prediction for Q1 2023. NO LIQUIDITY EVENTS WILL HAPPEN.
Hope I’m wrong but I have been right the last several months on this one.
