Mate, I agree these small cap regulatory m tech companies take time. One company I am involved with distributes animal nutritionals. we have been seeking approvals to distribute in Australia for 3 to 4 years and still going in some cases. one product we finally got approved in January and supplier out of the UK has no product and we are on 3 mths limited back order. it's a high margin product and I've forward sold 12 mths with no marketing. so yeah I get it.
traders come and go. some make money others don't. Long term holders should do well....over time.
If GMV was only listed last year, and based on the huge amount of progress this year alone IMO the stock would be closer to $1 than 1c. It's all about momentum and educating you investors. under promising and over delivering. if you won't follow up on something then don't announce it in the first place. it's just destroys credibility and integrity. listed company 101.
The market is obviously confused. The company has announced strategic relationships with partners in all major countries in order to distribute and monitor. But, you and I both know they are unlikely to come to anything. What ever happened to Mtel in Greece, Zoom in Singapore, Winona in the US, FCL etc etc
I'm sure yacov and his team are peddling very hard trying to secure new relationships.
Anyhow, I'm not telling you anything you don't know.
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