$1 Club, page-27232

On what basis should IOU be valued at $50mil or as you say $70mil ?

The market has no clue what to value IOU at let alone yourself. Is this a BNPL? Yes ? No as some here say we are more than a BNPL - which to the market means absolutely nothing. IOU is in the worst possible space - its gotten itself so mixed up on what its trying to do and veered totally off course over the last 6 months.

This is a loss making company that just gave up 82% of its very formidable cash balance or circa $50mil.

So what do you think the market will value this at.

Obviously the MM is keeping this at the 15 to 16c range for now. Why? Is it to build a certain VWAP for a low ball strategic stake by someone to come onboard? Or a low ball CR with the 16c vwap they have built now over enough time.

Either way strategic investor or low ball CR - shareholders have been screwed by this mob in charge IMHO.