Friday, February 24, 2023 1:03:52 AM
once in a blue moon (like now)..
my take.. Ken doesn't want to make any price predictions at this point.. he knows (and seems to be projecting) that he realizes he has very
little control over the price of WDLF - especially being a nano cap (aka very, very tiny market cap company) - and he mentioned this more than once,
describing different markets as having a different pool of investors.. and right now he seems to be acknowledging that the liquidity has dried
up on the OTC. Which may or may not change their "game plan" as we approach the uplisting deadline (and what went along with that particular
deadline - the .05 target before reverse splitting).. with that said, he also reminded us that they have a game plan, so it will be interesting to see whether or not this will move the share price.
Ken however seems VERY bullish on the things he CAN control and that is building the business. And he eluded to the excitement of his staff
and without coming out with guaranteed numbers he seemed (at least to me) to indicate that record breaking revenue was all but in the bag for 2023. **I'm actually referring to the comment that he made that if EVERYTHING was executed this year that we could see many, many multiples (I think at one point he half way joked?.. 20 times if everything got done.. but then he qualified that by saying that he didn't see everything getting done:)
Just a few key takeaway points for me..
1. Yes, I am a little disappointed at the "hedge" of lowered expectations pertaining to the timing of the uplisting and the .05 target (I know some here might disagree with me on this, and that is okay. Just trying to give my honest assessment) - from listening to Ken I do still get an optimistic vibe that they have a plan A, B and C and it is encouraging that Mjlink is moving forward.. which leads me to the next point..
2. With such a low market cap, I personally feel that what we NOW know after listening to this podcast, that regardless of my personal disappointment with #1, the positive movement of Mjlink, the bullish talk about increasing revenue (record breaking year?), the bullish talk about Huntpost and LikeRe.. I feel comfortable that there is plenty of upside to protect my investment in the long term. Which finally leads me to my final point..
3. I've always looked at "part of my investment" allocated towards the long term - I bought enough shares to trade a potential spike in the price before the uplisting - and this "long term" investment (in my opinion) is still positioned well. **and we don't know when the Mjlink deal will be announced:)
Now with all of the above said:).. I would be very interested in hearing what their plan B is (uplisting) if it comes to that - and as a shareholder the one thing I will keep one eye on is a premature reverse split - even though it is required for WDLF to give plenty of notice of that. One can never be too careful.
Ken has mentioned time and time again how much he appreciates the shareholders and how they are an important "asset" so I would hope that sentiment would outweigh any decision that would hurt the current shareholders.
This might be one of my more "sober" posts:).. but I am still positive.. and excited about this investment. And according to what I am hearing.. we have PLENTY of positives to look forward to in 2023.. with some now added "suspense" built in.. ha.
I'll say goodbye for now on that positive note:)
Cy
This is my opinion.. please do your own DD.. this is not investment advice.. I simply try to find the best companies to put my
money.. and I post on boards where I either have an interest in the stock or own shares.
Recent WDLF News
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