*The majority of our customers’ Bitcoin is stored in ‘cold storage’ which is not accessible from the internet, and is therefore protected from cyber attacks. Crypto funds held in cold storage with BitGo are also insured up to US$100M, by Lloyds of London.
Well I guess I have a more simplistic view: you appear to have taken the bod on their word, believe what they told us yesterday (and I assume previously) and have faith in them. Whereas for me: this is the third time this has happened now, talk is cheap and I don't believe them. We've heard all the soundbites from before about contracts and big things about to happen, yet not only does it never materialise, it usually quietly gets shelved, never to be spoken about ever again. GFIN anyone? China anyone? Revenue is pitiful, they have their fingers in too many fantasy pies, and it's just blind faith now for anyone still in the believer camp.
The steps you've outlined, with respect, are unachievable based on everything we know about MOS. $10m+, quickly doubling, share buy-back and brand new product types. Have you seen the revenue figures? Have you seen the share price? We're at levels not seen since 2019 and it's only going one way.
I'm very under water now, like most, but am confident I can trade my way out over the next 12-24 months. This share price is going to bounce around like crazy within the .12 to .25 range (maybe) for the next couple of years.
Indeed, and I'd stay away from the Telegram group, it's a fantasy land happy clapper's dream! At one point yesterday, and bearing in mind what happened yesterday, they managed to convince themselves that MOS could be responsible for the NFTs for the Red Bull F1 team :D Seriously!!! Oh, and any post about our recently departed BNP member is instantly deleted, Lols.
Looking forward, this really does look bleak. How does this company recover from here? Trust in the BOD was already shot and they've lost all credibility. As per TG there's a merry band who will keep buying but that's not going to be enough to keep ME in the lifestyle he leads. Really, really bad times here.
Anyone care to opine on the 100k active users? I don't have a barometer to gauge if that is good/bad/other at this stage. I guess a positive spin is that if we have 100k active on the current product, with the existing user interface and user journey challenges, then we should see a decent rise of user numbers when the new tokens are added and they hopefully finally sort out the look and feel of the app.