If the ICO is in hopes of a pump n dump then we all are in trouble. These things don't happen overnight. I however. See real value in the gaming unit + localcannabisdispensary + cannanet.tv taking on the blockchain.
If this is well executed this valuation is meager to what it could become. As more people realize what they have, and learn of this company it's value will right itself. As for now it's earning investors trust. Once it's already earned the trust and produced results the gains will have already come and gone.
So for now, we are all speculating on the what ifs here. What if they don't have a unique crypto? What if it is a pump n dump? What if all these websites are the best they will ever be? Then we are in trouble.
But what if Cannanet.tv catches on? What if original content catches on? What if the ICO is for a entertainment industry at large and not just this company? What's the valuation here? How many shares does the CEO own and what's his salary? The fact Tom doesn't take a salary and has 92 million shares shows me he's committed to created shareholder value. Looking at the balance sheet you can further see that commitment.
As with all investments we look at both sides of the story. The downside of many pennies is dilution because of a overhyped business model that never pans out.
This company feels different.They have created/acquired the revenue streams to fund new opportunities going forward as opposed to other ways many pennies raise cash.
The CEO has been the head of much larger companies. Let the man work. Go long, day trade. Whatever makes you sleep good at night. But stop freaking out over fractions of a penny. We all know the risk lies within the execution. Good things take time. We know the direction of where the company wants to go and it could be very promising!
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