Have not sold a share.
When you stand back and look at this as a business model, all the elements are in place.
1. Excellent technology that is running smoothly
2. A first class product - Family Insites.
3. A global accessible market that where families are struggling with internet issues.
4. Already begun to create a market presence with quality posts on Facebook and Instgram.
5. An easy to access product and use
Now it needs to be remembered that the business model has only been running for 2 months when referencing the last report.
They do need to be prudent with expenditure until such time as they can attract a major player to integrate the technology into a major globla initiative.
If Fong has these connections then there is a strong possibility that this will happen
These type of tech companies can change in a hearbeat and trade up to 100 million shares in a day if the right news is released. This current trading is kids playing around with "frightened" money
Now imo management has the ball game at their feet. They have a global product to help fix a global issue along with other technologies to be integrated.
It is time for them to show they can do "substantial" deals with serious players.
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