ALLYNB
Yes, I do have a lot of money invested in neom, because i believe there's a pretty good chance the pps will be a lot higher than it is now (double, maybe triple, even quadruple). However, I truly don't believe in predictions that place our value above 40 billion dollars! I mean, let's be reasonable. Name a couple of 40 billion dollar companies, then look at their revenues. Look at our revenues. Yes, we can theorized about our potential revenues as well, but there's a long long long way to go before we will have revenues that support our CURRENT pps, let alone a much inflated one.
I do believe in neom, to the extent that i think we've found a very undervalued technology (but not a terribly undervalued company, at the moment. it's going to take major news that equals major revenues for me to believe we are at the moment majorly undervalued, as a company, at a market cap of 250 million).
Anyway, i hope this helps explain my position. I am trying to be realistic. Believing this is a 1 billion dollar company (as TS thinks we could be), which would put the pps a little over 2 dollars, is as much pie in the sky optimism i can possibly have. And although i don't like bashers, i do believe that healthy skepticism and negative comments are as important as extreme optimism, because we need a full picture to invest properly, not just the positives. We want to see neom's tech implemented and used everywhere, but at the moment it's not, and for it to be, a lot of things have to happen. A lot of things that may or may not happen. The next piece of news will hopefully tell us our optimism has some real basis behind it. If we get our virgin settlement, then i think we have reason to think this could be a 300 or 400 million dollar company. If we get a fortune 100 company involved, we have reason to believe this is close to a 500 or even 700 million dollar company. Beyond that, we need people signing up for word registry, we need a service provider, we need this search engine gps stuff going, we need some more movement on RFID.
Best
Joe
