The partnership with HTC was not so much to earn a profit, as it was to provide exposure to AB1's new walletpet/crytpkitties apps to htc customers, and thereby increasing our user base. Without having this kind of partnership, it would be hard for AB1 to gain numbers for this particular platform they are investing in...
Cryptokitties and walletpet will combine as some point in the future, and cryptokitties can still go so much further...especially with our investments in the AI/blockchain sector.
So you see, it doesn't really matter too much about HTCs long term profitability. Although, I do think that lots of good things can come from it; networking is very important for a company like this.
I had so many doubts about this stock in June, but as i am new investor, I made a rule that i should try to stick with the stocks that i have - atleast for year. And so far, it has been paying off; i have learnt a lot, and now do not focus just on the financials.
Still up in the air about ESH...but i'll stick with it.
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