I also found the following paragraph to be very to the point.
"Commenting on the Advisory Board appointments, MD Ed Clarke said, “We are delighted to have Peter and Christopher join our new Advisory Board. Both Advisory Board members bring extensive industry and operational experience needed to help facilitate Yojee’s growth and expansion plans. This is essential as Yojee continues its relentless pursuit for robust commercial agreements and partnerships with multinationals, national leaders, SME’s and sole traders. The Advisory Board will be imperative in achieving these milestones and delivering value for our shareholders.”"
There is not doubt that Yojee is taking on a massive task here. They're not only in the delivery business but also the financial and legal components of conducting a worldwide business.
As the above article points out, its imperative to keep the blockchain simple but the trick is how to address the legal problems that arise with both the property and financial laws that exist in different countries. If Yojee is to succeed, I believe our two new advisors will need to be able to facilitate multinational legal agreements. Yojee is by no means in isolation, Blockchain presents challenges across a plethora of industries. Our two new advisors are forefront in these issues. If they can overcome the legal obstacles, and help streamline Yojee's system to their customer's needs, we - as far as I can see - will be among frontrunners of aspiring logistics companies, if not a leader.
" Yojee is nearing a turning point. If the advisory board gets this right, they will go far. Fail and Ronnie will have a field day. Well said Phil on so many points and spot on about being unable to put a dollar value on Yojee. I'm personally convinced their technology is good. All Yojee have to do now - is integrate it worldwide.
Perhaps the best way to summarise Yojee's worth might be best summarised like this - if they succeed their dollar value will be a lot higher than if they fail.
Cheers
Rhama
YOJ Price at posting:
6.8¢ Sentiment: None Disclosure: Held
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