Well I don't think Todd Ruppert would have chucked $500,000 at this baby if he wasn't confident management could execute the strategy. First South Africa, Singapore and Australia and once these locations are bedded down Todd will take Mobecom to the UK and ultimately the US but this will be more like 2019 strategy once the other priority markets are bedded down.
What Mobecom has achieved is like cracking the Da Vinci code. With the tailwind of crypto currency frenzy behind it I think the share price has a way to go, albeit bound to take a breather as holders through the backdoor listing look for some profit taking along the way.
MBM Price at posting:
53.0¢ Sentiment: Hold Disclosure: Held
