RE: Remarkable10 Mar 2021 17:48
I feel like we are mushrooms here
Just off the back of the investor "distraction" presentation, it did look pretty good and that appears the vibe that they wanted to put out, worked quite well.
Yep., I think you are right.Everyone is hanging on for LEAP, the thing is if this was easy to sell, would it have been sold by now? and if an IPO was a good move to cash in, why has this not been done as yet. Looking past the investor presentation, theres no numbers, no facts, no data.
Does this remind you of Factom or Yooya where there are a lack of disclosure due to NDAs, different country, language, any excuse? Theres a big issue here that there is split ownership of LEAP and any IPO or sale is, when I think about it, going to be very difficult.
The history of success is not good for FFWD unless you are on the wage/salary/Director, for us mere mortals (retail investors) it sure does look like we are simply here to pay their salaries and lifestyle.
How do investors get a return on their investment if the IPOs we have been waiting for years face 180 degree turns?