The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
The ideal mobile wallet will eventually let you pay merchants in USD/EUR funded by a low interest credit line secured by your BTC assets. If BTC collateral falls below threshold, switch to unsecured credit line at higher rate. Ergo, no need to sell your #Bitcoin& incur taxes.
We are in for a monster ride with this company when it stops flying under the radar - both as investors and also how it will shape financial services in the next 5-10 years
It was a trading update though (of sorts).
For a project of this size and ambition they have been doing things on a shoestring budget really. I would have no concerns that any positions they fill or create are irrelevant to the long term strategy.
I guess these are the teething problems when you are in on an investment with no precedent really, you’re not sure what your expectations should be and we humans love our certainty ??
Newboy maybe I was reading too much into it but I was looking more at her background re: the genre of brands previously working with, sporting event mentioned, reassurance of the increased customer base etc (we know this due to the stalking of chart position but still good to hear it from the horses mouth esp due to lack of solid updates recently).
Just wondering about your phone trade with HL and the 1% commission- are you still paying the trade charge in addition to this? Was there a minimum trade value? Sorry, have only ever used the online system and hate calls like this so want to anticipate as much as possible ?? alternatively, if you know when it’ll be available to trade through HL online again that would be great - thanks. Should have made it a priority yesterday but hey ho.
And? Didn’t know there was a cross-posting police.
It was a perfectly innocent comment that didn’t even warrant attention unless you woke up on the wrong side of the bed this morning.
On more pressing matters, think we’ve got some hints in JR’s tweet this morning, hopefully some numbers soon. Unbelievable rise in that app chart post from the weekend alone ?? appreciated the updates in here over the weekend!
We are obviously still very much in the speculative stage of Mode’s future but I’d say that 2b mcap will be in the rear view mirror in five years Flowergarden. I would expect them to be hitting that either before/around their 3 year profitability target.
I’m not normally this bullish on a company and their future but ... the potential here is just massive. Right place, right time, right team.
Lolli are currently in US https://www.lolli.com/ doing btc rewards as a form of cash back as a stand-alone business yet this is only one aspect of the Super App.
https://finance.yahoo.com/news/global-contactless-payments-market-estimated-122000646.html
Feel that Mode are still a few moves ahead though bringing digital assets and rewards into the fold.
Holding this stock is a no-brainer for a minimum of 5 years if you can wait that long.
After trawling this thread daily for months HAD to register after that podcast.
I don’t think JR will entertain a takeover at any point, Mode is a legacy move. No-brainer for investing at these prices and higher. It seems the original target of becoming profitable in 3 years hasn’t changed but I envision this will come speeding down the tracks before we know it. I’d say 2 or less with opportunity afforded by adding Ether and travel restrictions being lifted meaning an increase in Chinese travellers using the app for payments etc.