What happens to SP at CF+

So a new company leading into CF+ is a relatively rare thing. A start up has beaten the odds. They have survived the incubation and development period, they have enough customer, revenue and business and can then become a self-sustaining entity.

Three years ago, I came across Tesla in the States. I had always wanted to invest on the share market, but this was my first time and didn't know what to do, where to go or how to go about it. So i froze. I had an inkling the next quarterly by Tesla was going to be for CF+, and I was right but did nothing.

The share price grew immediately from $55 to $92, and over the last 3 years it has reached $232.

Am I gutted I missed out? Hell yeah. They were entering a market no one had even entered into. Premium Electric Vehicles. They proved to the market that electric cars are as good, or if not better than combustion engines. With their 5 star safety ratings and quality of build, consumers trusted them, and they have been rated 'best car' ever since.

So how does this relate to CL8?

They are in a similar position. They definitely do not have the same financial presence as Tesla, but the fundamentals are similar. The share price is low, and all of us agree it is well below what it should be for companies in similar positions. The size of the markets they are in and have the potential to enter into are HUGE, they have a scalable business for rapid global expansion and they can ensile trust in their consumers through PayPass - which from an email from Chris, was the only reason AON signed a deal with them.

There are competitors in the market, but I believe the one thing that differentiates them from CL8, is that they are being an owner of peer-to-peer sharing business, or how I like to word it, a master of the industry. They build platforms for the sharing economy to work. Mobilise for general goods, DriveMyCar for cars, DriveMyCaravan for holiday campers, and FundX to be apart of the financial market. In their investor presentation they have identified other industries they can enter. Once they have mastered one - which will be DMC - there will be cash rolling in which can be pumped into further industries using the same platform but tweaking it for the target market.

Genius.

So I've attached a graph of what happened to Tesla when it hit CF+. Smart people on the market back then knew the opportunity and potential of Tesla, the company just needed to prove it could survive. CL8 is on the same path. It needs to prove it is worthy, and when it does, the magic will happen.

But lets hope we get into the dollars game, not cents



If anyone has other companies SP reaction to CF+ news, please show us!