Hi coppa, all i can say is that Joe is certainly a patent freak…he has been in the game a long time and (I think) was burned in the early days when he was developing internet startups in aus)
Don't read into anything re patents v announcements…….and certainly the market is too dumb to take into account such fine specifics….all the market needs to see is revenue and EBIT, as i posted before, the last 1/4 revenue growth was enormous…600% or something, but the market didn't read, as this came from a very low base.
We need to see revenue from next 1/4,, a 50% growth would be fabulous as already working from a higher base…..even if EBIT remains the same that is is also good, as it means that we have growth plus profit, and the extra costs are being well utilised….remember xtv is an exponential revenue base business, as the cost base reduces all the time.
The market bean counters (i.e intros) will see this, and are probably the best judge.
Like all startups its about patience…..and as for startups, the probability of success is way into the top 5 on the asx….i would love to re assert that after next 1/4ly to say top, and that is certainly a possibility.
Maybe you can accuse me of up ramping, but that is not the case, if i suspected there was a flaw in the business model, and finical plan, then i would also highlight this, but at this stage no, i do not believe so.
If anyone is interested i'm in for 7 figures heads and oppies, (over several accounts) and looking to make this 8, which would well and truly put me in top 20. Im am only out when i can afford a Telsa, Lear Jet, and Waterfront property on Syd Harbour, which will put the SP to about 75c
…I have a dream…blah blah
XTV Price at posting:
1.4¢ Sentiment: Buy Disclosure: Held
(20min delay)