Was in and out of PRA in past. Like the "thred" from the beginning but was waiting for management & market to come in full action.
Well missed buying in past few days and so kept myself away to see if it retrace back to 1.3-1.4c. Glad i could get in now.
PRA - Perfect set up to break 2c.
Reasons:
1. Heavy buying and retrace to flush out weak hands. (Hope I am right)
2. Management want CR at 2c (Possibly and so will be atmost effort to push it up & over 2c).
3. Product launch expected in August 2015 with additional features and modules released throughout the year.
Perhaps some news are on the way.
4. "thred" will be the first mover meta‐social & media sharing application that overlays 140+ social media platforms
globally allowing instant access to all social media friends, followers and contacts in a single unified way.
5. "thred" brings simplicity back to social media. Press one button to share everywhere. "thred" puts an end to the clutter of apps on your homescreen.
6. The app is not just a new messaging app or a new form of social media, rather it is the solution to the challenges
we all face in today’s connected and information-rich world. These challenges include:
7. “Building bridges not walls” - not competing with existing messaging apps or social networks but instead reshaping
the way we all use the range of services available to create more meaningful and valuable connections between
people.
8. "thred" Artificial Intelligence network learns user’s preferences enabling a more satisfying and effective sharing
experience for users.
9. "thred" could provide great benefit not just to social media users but also to big business to interact with their
consumer though one single platform. Bringing great savings on cost and improved customer services.
10. If successful, thred could be lot bigger than Skype, viber, tango , zip etc (Yep I know they are only a sms/call
applications & so I believe "thred' could be lot bigger than these companies). "thred" could be take over target for
facebook, twitter, google etc (not now but in coming years once product is fully proven and reasonably accepted by
the consumers).
11. Trading at fully diluted MC of $28-30 Millions (that will also bring cash of $5M after CR), which is far lesser than
other speculative tech peers, which are not yet generating any revenue and potential of the product is far lesser
than what "thred" could offer and change the way we use social media platforms.
12. Once first phase of Product launch is completed, CR is done for $5M at 2c and new partnership & app-in services
signed along with aggressive marketing strategy, PRA could be well worth trading anywhere between $50M-100M
market cap.
13. In conclusion; this could be proven another little champ for short-long term.
This is just my analysis.. Please DYOR before buying or selling.
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