Telehealth on the rise, page-181

I am still waiting patiently,

I hadn't been expecting much news flow from RAP, which is why I haven't been posting much of late.

In the meantime it has been pretty uneventful. There was a skirmish or two,  a few HC fires to which I could have added gasoline, but I figured there were enough clowns around without 'your truly' diving into the mix as well.

Also,  I admit feel I was many months out with my 2016 forward projections for mid 2017. But that said; apart from having to be more patient than I previously expected, my hopes and expectations for RAP have not waned in the slightest.

This will move when it is ready. I sense that is not far off now.

Trial results will be pivotal for both the company and share holders alike.  Good results will give solidification of confidence to the watching eyes of big interested player(s).

Why am I so confident? For starters, as mentioned some time ago. a good contact of mine in Shenzhen, a Senior fund/finance manager in one of China's largest institutions, had already suggested to me that they saw this as having a short term target circa AUS $3billion providing RAP could prove it has a marketable product.

Before you get too excited, it was reinforced "Until that point (i.e. proof of marketable product CT), we feel it is only worth what the market is currently valuing ResApp".

Now I am not suggesting that this institution will buy up or place a takeover bid for RAP, since they have hundreds of companies and potential foreign acquisitions that they review each year, but in reality they only bid on a fraction of those that they deeply analyse.

However, it was heart warming feedback for myself to digest, because their calculations confirmed to me that I wasn't alone with my earlier calculations and expectations, namely that this has potential to be a multi billion company in the near future.

And do bear in mind that when they say $3b, they mean an attractive price for them that they can then re- sell for a big profit. This particular mob was NOT a Telehealth group. They have no interest or vision in growing the companies they buy. They are in the business of buying cheap and selling high. They also don't fiddle around buying on market. It is all or nothing. So naturally the feedback from Shenzhen got me pretty excited, more excited dare I say, than the hopes and visions from fellow Hotcopperites.

Not that I don't appreciate the thoughts of HC fellow soldiers; but the feedback of my Chinese friends was very much appreciated. They are Financial Professionals and most of us are not.  I highly doubt that they are the only Financial Professionals to see what they see. Not to mention that Fidelity, the grand daddy of institutions has been feasting on the RAP market since early days....

Brian copped a bit of slagging here of late. Some said he was smug etc.. its really hard to please everyone, maybe they would more readily pour their money into a stock if the director with the largest shareholder looked shy, scared, worried and insecure?  

I have a deep appreciation for all virtues that make people pleasant company to be with. I'll also point out that in the right context, confidence is not a bad thing to have either.

It seems Brian is very confident that he will get what he wants.

Many Aussies are enamoured with the phrase ' One power-ball and I am out of here'. I am not one of them because I do not see wealth as a means of escapism; I'll still live to serve others.

In Brian's case, the jackpot is not a vision of deluded hope but rather one of confident expectation: not a lottery but rather a matter of time.  With all my expectations from RAP, if Brian wasn't a little bit smug I'd be extremely worried for my investment.

Now I could still be rattled with the fear mongering about the possibility of a big dump of escrowed Uniquest shares. But in light of what I have mentioned; I really don't care- I am here for the long haul.

However in case there is a short term dip from a high volume dump, I am going to liquidate all my other stocks into cash and if dumping games are played, I'll be waiting at the bottom. If a large short term sell off happens it will bounce back so fast I am confident it will be some of the quickest money I ever made.

No way I will be selling off existing RAP shares in the hope of catching a bear trap bounce... Murphy's Law this could easily hit new highs on the back of a new announcement right when I pulled my toes out of the water!

BTW I have got wrinkly toes; had them dipped in here for more than a couple years now!


Kind regards,
CT