Potential6 May 2020 18:10
Must say I do like this investment.
LSAI recently closed deals with really impressive companies.
And I'm sure there is money to be made verifying people's location.
Covid-19 only caused a slight delay on the path to growth.
But the market and the need for the product is out there.
Covid-19 itself will proof to be an enormous business opp for LSAI.
The Bluetooth app test will fail, it won't work and I think everybody knows.
The failure of Bluetooth tech will be used as an "excuse" to use better tech (GPS).
Parties are probably working on it already (LSAI? Gag order?).
People would like to pick up their usual life. Be freed from Covid-19.
I truly believe there will be more space for everybody to live there lives, but -sadly enough- there will be borders, geographical limitations.
People will accept that (eventually).
There is only a small -but yet influential- group having serious privacy concerns about being "tracked" in some way.
Most people probably don't.
Exemplary is the number of people that don't mind sharing their private life in public (through the use of social media).
Also, in general we don't seem to mind that social media and Google probably knows you better than you know yourself.
We continue to give them that data, every day, every minute of the day using the PC, Ipad, laptop, phone.
I now see that I've put too much emphasis on Covid-19
That wasn't my intention.
Verifying locations has a future. That was my intention.
Happy investing and stay safe!
BTW: I think there has been a lot of accumulation today. Am probably going to add tomorrow.