The issue with id8 is if they can never tell us anything... why be listed......
I understand they can't say much that's market sensitive, but outside that they have a history of not being able to say much....... that's never going to bode well for a listed company, how can you grow your register with new investors ?
Facts are no deal has been signed since Rabobank which was in excess of 6 months ago. before that 12 months. If they had any type of conviction they come out and say our 3 year target on revenue is x. and this is how we are going to achieve it. Noone is willing to do that as they can't close, the decision to do a raise at 4 cents when they already had cash is clear they had no conviction they get deals as then they raise at a higher price .....
I went in the raise and supported the company, as well as in excess of 20 of my mates over the past 2 years eggs on my face atm. underwhelming an understatement. They haven't even let the market know they have cash for still at least 8-9 months even after only raising 400k. whether that is not helping the price who knows.... but communication is not great.
. It's good he called you, at these prices af Under $7 M it's looking cheap. Payble is flying Elliot is a genius Patent may save us if they can get a settlement Apparently they have alot of leads ( close a few)
Let's see where they are in 6 months time. Opportunity is still huge. I am holding at present and hoping they get going soon
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