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Re: Inspector Clouseau post# 75879

Thursday, 05/18/2023 1:15:53 AM

Thursday, May 18, 2023 1:15:53 AM

Post# of 78960

Money is always transferred to people with patience



This is categorically wrong.

How did that work out for the stock holders of...hold on here it goes....
Eron, Sears, Pan Am, GM, Kodak, Texaco, PG&E, Leman Brothers, Bed Bath & Beyond, Silicon Bank, Toys R Us, Sports Authority....the list is endless.

All of the companies listed were at some point successful. We are invested in a tiny start up with old tech (sorry their 5G is not ground breaking and they don't have AI they have plans to develop AI ratings software for drivers, but they haven't done it) and they get 99% of our revenue from what varies between 4 and 1 customer. In fact 5G in general hasn't found a market yet and really isn't performing up to expectations (https://spectrum.ieee.org/5g-rollout-disappointments).

This company is a lottery play and 99% of people who play the lottery lose.
Odds are this is going down to zip, but if you have lost over 70% don't bother selling, just cross your finers and let the dice roll to wherever they are going (definitely don't post on this board telling others to invest!). If you have lost less than that, I think you need to think hard about calling it quits especially if the regular dilution starts up on schedule near the end of May to the tune of another 200 million.
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