Hey MaryJane55,
Do you have experience in SaaS businesses?
I agree with your sentiments - too early to call and we should treat this as a pre revenue business. Albeit one that has proven demand on a small scale and ability to execute in multiple cities globally and integrate with other platforms like Toast, Xero and the like.
I have also been topping up at these levels. I also noticed the meagre marketing as well as the initial response of Bane and Joel when this blew up - i.e. the yellow journalism quote and quote about conflict selling newspapers - which tells me they are not concerned.
I also think the end game is a buy out, but not by NA Williams.
How often do you get to invest in a company that recently raised capital and was oversubscribed at $4, but buy in at 40c?
All the best - I have the appropriate size and patience to make it count.
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