InvestorsHub Logo
Followers 80
Posts 8030
Boards Moderated 1
Alias Born 08/06/2009

Re: thebear37 post# 2580

Monday, 05/22/2023 2:54:47 PM

Monday, May 22, 2023 2:54:47 PM

Post# of 3593
While I agree with you that there is some uncertainty regarding specific plans going forward, I have to disagree with you on this statement:

We have no idea what we are investing in. Are we investing in TIO or some company that is going to use their stake in TIO to capitalize future endeavors. We have no idea what those future endeavors will be.



We KNOW that what we are investing in is a 75% stake in TIO, which consists almost entirely of a business developed and grown to its current size and revenues by TMNA's CEO Dozy Mmobuosi. The opeating business of TIO is now our old Tingo Mobile and Tingo Food, and is trading at over $5.00/share. Given that Dozy has already shown he knows how to grow a business, I'm comfortable with whatever direction he decides we should go.