Also they will not have to pay taxes on profit for quite some time. This will allow them to pay off Fortress and it seems like they have renegotiated the PP.
than you should see very promising returns.
Sentiment: Strong Buy
This was set up for some people to lose money. My opinion--don't sell here.--accept that there are mechanisms in the market that a retail investor must take. This has gap up tomorrow written all over it--you will be stuck selling low and see the stock 3.50-4.00 tomorrow. Look at the information below--not at the price.
What can you do? Look 4 ward to the CEO later. See you tomorrow
the IP is worth 10X the market cap. My advice would be let the CEO talk--this company was going out of business before he came--lets hear what he has to say.
so I have no clue how high this can go once this is public
I do not think there are *expectations* other than getting their ducks in line with costs savings and getting the IP monetization plan+ the OEM distribution of Strong Box rolling.
This is a turnaround story with a lot of potential put some shares to the side and forget about them for 2-3 years--I wouldnt focus on one Q. The CEO said this would take time but the bottom line is the value of this tech could be worth 10X the market cap r more.
Hi last public comments
"Crossroads has made dramatic progress on all fronts in the last six months," Coleman said. "I'm excited to be part of this team and to help write the next chapter in what will ultimately be the story of a great company."
CRDS 5X reg volume and still 3 hours to go. This in addition to 1.3mm shares two days ago--it ran up 90% a few weeks ago on 2mm --im sure you know:)
OTIV super strong so is pRCP both great great stocks long term. Yahoo down but it ran up hard last week.
Its just another point of security but will also give Crossroads a LOT of tax free dollars if they turn profits and or have a BIG gain on IP. Thats 10$ cashper share that is not taxable.
Yes this is a tier 3 player but like the CEO said--he believes that Strongbox=gold. In this market--gold is a lot of money.
That's a funny term-- massively asymmetric. I think someone is saying there is a 90-10% probability of massive gain versus capital loss(90-10 is scale tipping). I guess you have to like those odds.
Online all the time data archive--no need for IT. Can be used in real time--all the time--a data vault that is always accessible
Cost effective scalable durable
Sentiment: Strong Buy
anyone new check out this video on strongbox on youtube. there are others but this is a good one very layman.
And now its in much better position. Good management in place IP worth hundreds of millions Strongbox is a disruptive technology. This could be an epic epic run.