It was inevitable that WRKR was going to re rate..Math is simple 3 mill end users now.. with 5 mill an easy target. We are starting to see the full potential of the WRKR Platform and according to their own forecasts a minimum spend of $7 ARPU is expected...Thats $35milll revenue on the near horizon.
All this and only 38 emplyees!! No question they are going to need more bums on seats and deployable assets for overseas ventures ..it is a given they are going to need to spend to grow. Lets just hope Trent and Team get the WRKR capital structure right. Given Trent and Joes major shareholding I'm sure they will be smart about it. Mitsubishi (assuming they pick up Link) may be the deep pocketed answer that Trent is looking for.
To coin a Trent line ...in regard to his share holding..."you will have to pry them from my cold dead hands" In my case at 10cents/share.
I might lighten up, but thats it!!!
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It was inevitable that WRKR was going to re rate..Math is simple...
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