Hank
Every company either sells a product or a service. The potential shareholder return from these sales, dictates the the MCAP. Thats why we are all here. To make a return either short or long term. I don't think segmenting IOT into a certain category has anything to do with it. You talk about revenue, how about PLS, 800m MCAP and no revenue, yep 0. In fact not until at least 2019 maybe 2020. Yet shareholders value the company at this MCAP because their is potential for shareholder return. So IOT is a spec stock but so is PLS and its valued at 800m. Another, XPE, I hold and think this company has a bright future, 0 revenue, MCAP 178m. Great management and great product but still missing revenue and official revenue agreements and in fact still waiting for patents on its key product. Great story and great potential return but still no revenue. Its what us, the shareholders think the potential return will be. And IOT so far for me is 3 bags and I'm tipping its going to be many more. Why, because I'm young, have travelled the world and I know how much my wife and her friends take selfies. HAHA. The amount of young people travelling with Go-Pros on poles, helmets, backpacks etc. In fact about 1/2 of all back packers i met had a GoPro and they all had a smart phone taking selfies at every location. The market base is their, trust me, its huge, check out social media. Is not most of the feed selfie pictures or pictures with oneself and friends in it. As long as IOT deliver on a good marketing program and a quality well priced product. Anyway, just an opinion. GLTAH
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