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Tuesday, January 10, 2023 10:21:18 PM
I seriously doubt Studebaker has this big team as I see “similar” looking road markers available from China. I would submit in my opinion that the possibility exists that one can buy the markers from China and relabel them for another company to be sold to the end user. I have no negative opinion of this practice, this is done all the time. I would however expect to see an engineering team and manufacturing facility that can design, create, test, manufacture, and sell/install these life saving devices, if this is really what is happening, which in my opinion is the attempt to have a reader believe in the PR released today. I personally don’t believe, in my opinion, that the structured overhead exist to produce this product as the PR today so smartly worded to attempt to make me believe that the person identified, actually designs and produced these products. In my opinion, my personal interpretation of the PR released today, I read that it can be interpreted that this company sold (and possibly installed) 2000 road markers of some unknown origin.
This brings to my immediate recollection the camera system BRKK ( now MNIZ ) claimed they were bringing to market. They had wild promises, even went so far to publish small low clarity photos that were impossible to distinguish features of their cameras. Then of course, insert terms “block chain data” “ecosystem” and its off to the races. Then claim “broadcast quality” and claim $175 selling price then one knows it really isn’t being totally honest ( I am trying to be nice)
To this day, these cameras have NEVER been available nor ever been sold, insofar as anyone has found out. I don’t recall MNIZ ever declaring revenue from these devices. I even recall them using an assistant athletic director at a small Florida university to try and legitimize their non existent product. That AD would never answer emails, phone calls, or return messages. It is unclear if that individual knew his name was being used at all. Who knows.
Reading this PR today reminded me of the above.
Sorry, in my opinion, I don’t buy ANY of this.
Not my money though, screw these penny stocks
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