$299 is where I posted my good till cancel sell order. Does efti...

$299 is where I posted my good till cancel sell order.

Does efti qualify as a franchise?

"With regards to franchises, Buffett states that a perfect franchise arises from a desired product or service that has no close substitute in the customer's eyes, is not subject to price regulation, and has "wide moats", which means that they have strong competitive advantages. The stronger the competitive advantages the company has, the more difficult for its competitors to take away market share from that company." Warren Buffet has done pretty well using the franchise concept in choosing where to invest.

Quoting CEO Marc "It (efti) also puts us in a category with no current competition"
Right now if we don't know if we have a franchise with a wide patent "moat".

If we did know the posting would be at least $300.