RE: Give it time.... Patience required.29 Nov 2018 22:50
Doesn’t take much to start a party here!
Extremely exciting that Amazon are looking at a much larger equity stake in FG, but that does not mean that Koovs is particularly important to them.
They do quite well online apparently.
I particularly dislike their business model as it screws everyone else.
There’s no guarantee that Koovs is a fit for them, it’s FG that they are presently interested in.
Assuming the initial deal is concluded, we may get some direction on their plans for Koovs, or not, as they’re happy keeping us in the dark.
Unless there is news to the contrary, this is perhaps more speculative.
I hope for us PIs however that the Koovs platform is of interest and will be leveraged. Guess we will find out soon enough but I’m betting my life savings elsewhere and hoping my current exposure here comes good.