Boom boom time, page-23

In a stock like IAM risk/reward is very simple
When IAM listed it traded in the 2-3c range for several weeks and had a really good story
Posters crunched all sorts of numbers to come up with forward looking PE's based on achieving the various milestone targets and the SP that would match such predictions.
FOMO soon followed and the reward was spectacular, 5-10 bags for many holders

It was touted as fintech and fintech was a hot sector in late 2016 so for a spec stock was medium risk/ high reward

forward to march 2017 after the NAB MOU and risk shot up considerably, since despite no commercial agreements, IAM was holding a SP that had by previous calculations factored in M1 already, with each 4C that followed and recently 4E the risk grew and grew, so holders exited as the reward was well behind them

The recent 4E was simply very harsh, it showed no signs that reward was on the horizon, and as holding risk was therefore too high many exited and continue to do so

The reward has been and gone, whats left is long term risk. To lower the risk you need to show revenue now, and crunching the numbers to face the reality of what IAM needs to achieve sales wise for MW to receive any of his milestone shares is very simple, and it looks imo unachievable, even M1 by Jun 2019 looks like a big ask, need about $7 million revenue in the next 2 x 4E's combined to just achieve M1, last 4E was $488K

I dont get get paid to do this, find a flaw in my numbers and I will buy, show me milestones can be achieved and I will buy, its that simple for me.