Sir M, nice to see you're still hanging in there.
For the first time in a couple of years, I'm more than optimist here.
There is a lot to unpack in the Solana interview. For the first time, we are learning that George's hypothesis of the consumers selling their data is now a reality. He did confirm on the record that they received NINE million users logging in to share their data, that was used by the top Ten consumer groups.
George also provided some insight into the different reasons they appear to have gotten the cart ahead of the horse, which "may" have been the reasoning behind the broad stepping down and the exit of our Bitcoin leader (on the fence with this one). As well as the lack of financial reporting and SEC filings.
On their Instagram profile they list an employee count between 51-200, not bad for a stock that isn't publicly traded.
George has now confirmed that they went from Web 1.0 to 3.0 (blowing past 2.0) and have now launch their revenue model. This of course would be great news for the shareholders here.
Normally I would agree with you on your post. However, I'm still on the fence about the reasoning behind the creation of the shares in the first place, since it may be tied to the Monetarization of the data and the points beginning earned. On the other hand, I still believe the move may be what is called a "poison pill" to prevent the takeover of a small company start up.
Either way, this stock warranties a deeper dive to confirm how to trade or hold once the company deals with the SEC and the needed updates to enable the shareholders to move forward with or without the company.
Bottom line, it isn't over until it's over.
