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Thursday, March 06, 2014 11:36:18 AM
Once more details come out about % and advertising revenues, etc. then who knows where it would go.
.10 mainly due to people psychologically loving rounding things off and from previous people being burned by MBox. I sure hope I'm wrong though and this thing goes well over .10 quickly.
Personally I would rate it at a .20 stock with a machine released and no details on profits and that's all based off of the value of other similar stocks in the industry and how people value them. It's 100% about followers though eventually. Look at WhatsApp (19billion sale from 450million user base). Twitter IPO with over 12billion valuation and not a whole of revenue to show for it, same with Facebook and the list goes on and on. It's ALL about the user base.
If 1000 machines do get released this year then you can expect a massive user base by the end of the year which equates to a massive PPS. The reason for the need of a large user base is the plans for advertising revenue and profit sharing. I know all too well about the need for a large user base when it comes to advertising revenue. Fortunately, ERBB has so many different avenues here to bank with, I'm not the least bit worried.
Go ERBB!
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