Shorting BUD, page-43

Ronnie. Why don't you explain to us why you first bought BUD around 30 cents? Love to hear you explanation!

If you want to continually ramp BIQ on here. Let's have a quick look at it:

- it was founded in 2009. 9 years ago!! Buddy Ohm has only been around 11 months
- In 9 years it still operates at a loss. It has high operating costs and slow growth
- It listed on ASX at $1 raising $20 million in 2015. It now trades around 9 cents. Ever asked yourself why?
- At listing it had 35 million sq feet of space under management. After 3 years and raising capital it has only grown to 100 million sq ft.. This is TERRIBLE growth.
- It has only just reached 1000 buildings after 9 years!! BUD could do this in way less than half the time.
- There is a disconnect between the product, sales and management.
- Etc

While it may be a great product, BIQ as a company is poorly managed. Its growth potential is poor. In 9 years it has struggled to make much of an impact.

I'm not a DM worshipper, but you have to be honest with yourself, in 11 months they've shown far more growth potential than BIQ has ever. In less than a year they've given themselves global leverage to grow fast. And the Ohm will continually improve and get updated!!

The reason for the higher market cap for BUD is purely because people have priced in the potential to grow. Too bad if you missed getting it cheap!

Anyway. If you want to compare apples with apples, let's see what the Ohm looks like in 9 years!!!