Replies to post #39453 on Solei Systems Inc. (fka SOLI)

[was16]

I also think it is setup this way for liability.

Companies like Amazon setup a separate company for trucking goods.

[EdF]

Excellent DD daiello, very informative. Thanks.

[EdF]

Excellent post daiello with some well researched DD, thanks!!

[MWM]

Pinned!

[premier1one]

I’m going to go out on a limb and say we eventually give Teledoc a run for it’s money. There’s just too much happening with CareClix for investors to give a blind eye. Congrats to all longs for being so patient during this year plus journey.

[stompingllama]

I got in this last week based on the assumption there would be some press coverage of the applicability, if not additional work announced in this pandemic, and took my ~45% profits today. Same play worked out great with Reliq Health Technologies. However, I also felt there were some red flags about the company structure at SOLI. Not so much with CareClix actually, but CHII. There's something a little concerning about the intellectual property being held in a separate company and licensed to Solei. It could be a common industry practice for all I know, but I noticed similar arrangements at NNVC and TOPS, and those companies scream out scam. It calls into question fair value of the services/licenses rendered, especially when the other company's private and you can't review their books. Combined with the high valuation relative to revenues, and I wasn't convinced this was one to hold longterm. Just my two cents if it helps anyone doing their own deeper DD; I probably won't be looking at this one again either way.