while there definitely looks like there are games happening, I believe games only happen because the company exposes themselves to it.
despite all these fantastic announcements, Yacov then heavily diluted us at 7c CR. Capital is cheap at the moment and environmental factors could not be more in our favour (short of potential logistics hiccups), so why 7c?
I believe 7c because Yacov and investors knew conversion from these positive announcements would take a while to convert into revenue.
the issue then is comms to the rest of us retail investors because GMV have been drumming up how much demand there is in the market for a good 6 months now. even in a recent interview i recall Yacov saying that buyers are reaching out to him asking for his products. So why isn't he selling them? why haven't we received an announcement that the China factory is operating? why are these distribution agreements not actively selling the products? are they not desperate enough for sales? if FCL is anything to go by they are very desperate.
GMV Price at posting:
6.3¢ Sentiment: Hold Disclosure: Held
