To my understanding MOT already own the MU2 conversion tool and earn revenue from it.
Exactly how that revenue is being made still needs to be detailed publically imo
From my understanding MOT is not a shell but is a company with a portfolio of IT assets which are (as announced) earning revenue or about to earn revenue.
Buyers are matching sellers at 0.001 which equates to a $7m valuation. No one can argue with that fact and alternative valuation opinions are simply just that - opinions.
There are certainly other examples where IT companies are earning no revenue whatsoever and have valuations much much higher than MOT's
A great story is unfolding here but certainly not without risk.
You'd probably agree greed has killed so many deals. I certainly don't get that impression from current MOT management.
BUT a revenue guidance note for MOT's current assets certainly wouldn't do any harm.
MOT Price at posting:
0.1¢ Sentiment: Buy Disclosure: Held