Oh the best post i have read about YPB. Mayi is spot on, there...

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01/11/21

12:00

Post #: 57227290
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Originally posted by Mayi: ↑

It is extraordinary to see the level of optimism around this company. This company has gone from around 100M shares on offer at the end of 2014 to 5 billion shares on offer in 2021. For their dilution of about 50 times on their holdings, shareholders now enjoy revenue of less than 100k a month.

People still seem to be buying into the delusion of a rosy future of contracts rolling in, when this company failed in a much easier market than it has now or is likely to have in future. Authentication products appeal to companies that have a recognisable brand that are trying to sell into markets that have high levels of fake products (mostly China). However, not only are foreign brands being excluded from the market in China wherever possible, the level of interest in authenticating products is also declining. People here in China (I live in China) are fatigued and accept that nothing can be trusted, while brands are realising that authentication is an unnecessary cost, unless (perhaps if) it is associated with very expensive, one off luxury goods (a very niche market).

My personal experience is that a while back the water bottles for my water cooler had a QR code on them to verify that the product was not fake, but no longer put them on their bottles. As a consumer I scanned the code once out of curiosity, which made me understand that authentication products require a high level of commitment from consumers to be of value, and few consumers are willing to spend time scanning products (imagine doing that for every item on your weekly supermarket shop). There is also the further problem that in a market that lacks trust, authentication products are also not trusted.

My view is that there is a reason that the company is struggling to get contracts - there is little demand.

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Oh the best post i have read about YPB. Mayi is spot on, there is no market and there will ne no business. no one is going to scan products for authenticity, it is not going to happen. i read with a lot of humour all the comments about companies all over the world beating a track to YPB's door, again, it is not going to ever happen and the company is on the canvas despite the spin old JH provides.
I dont know what he is in this deal for but it is not for shareholders that I do lknow.
there are so many companies in the market place with anti counterfeiting systems, it is a joke.
anyway DYOR but this is dead and buried.

YPB Price at posting: 0.3¢ Sentiment: None Disclosure: Not Held
4 Upvote

0 Great analysis

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