ONCI Well I sure as hell won't be selling all m
Post# of 40989
Well I sure as hell won't be selling all my shares on the way up &
"getting out". 50% maybe but the game changing events are 6 to 12months away still. Here is where "the plan" is heading. Getting the Inurance Co's to incentivise/mandate all vehicle owners worldwide to use our "patent protected" apps resulting in complete domination of the market. Naturally as time goes on the profit ratios will change to high volume/lower mark up.
Would not be suprised to see an eventual retail of say $50 with sales in the millions of units rather than thousands. If you visualise the direction he is going (IMO) it is not a pipe dream. Right product, right time, unlimited potential.
I think this is why SB had so many irons in the fire from the get go. It was a guessing game & some will work but others may not. 2+ years on, the newer strategy is taking shape. Steve concentrating on the core business and the new (possible) partners developing the other arms with an infusion of capital/human resources is one possibility. There are many ways this can be set up/go.
With this refocused attention to the compliant insurance strategy we could we witnessing an almost unlimited potential for this Co to be dealing in the $billions(long term) rather than in the $millions. Hence all the hedge fund interest and other partner possibilities. They know a good thing when they see it.
This will involve a lot of restructuring and the longer timelines involved. Certain events need to take place for the plan to move into the next phase rather than a linear timescale, where the short term thinking atm is predominant. Not suprisingly because so much of the OTC is just so much garbage. Real Co's have been known to exist in the OTC (complete with all the inherent disadvantages that entails), but I see great success further on.
Growing pains now but bottom line, this is a winner IMO,due to the strategy being employed.
tlo.