I sold and bought back cheaper and am in the red now, not worried one bit. I won't be selling until the deal is done and consolidation is complete, this will be worth $1 one day, it has a business that has been tested and rapidly growing, it's also in a market that is growing very fast. They already are working with 4 of the worlds largest hosting companies, within these 4 companies (not including individual sales) there are a total of 15 million users that Dropsuite is open to.
As I mentioned in a previous post the average cost per month is $3 Us, that's $36 US per year per user, I'm under the impression that the major cut would go to Dropsuite reason being is 100% of these hosting companies never had any customer backup technology available to their customers, the vision of Dropsuite which IMO 'is geniuse' is, sell the hosting company an idea, an idea that will allow their clients to have a back up feature for all types of data etc while making a profit out of a service that the hosting companies need not put any costs or effort into, in this case Dropsuite can tell the customer they don't have to do anything and they can make 20% from the price, so they will be making $7 per user per year, example is if there is 500000 out of the 6 million customers GoDaddy has, 'that take up this offer', goDaddy would be adding $3.5 million in revenue for doing nothing what a great deal right? These are just guesses but my guess is Dropsuite will be getting the major cut and if that was 80% that would be $29 US per customer per year and same as above with 500000 customers from godaddy alone Dropsuite will be making $14.5 million in revenue just from one customer alone. IMO Dropsuite has potential to be a monster and it already has the Wow factor built into it. Patience is the key here I've owned so many good stocks that I have blown 1000% profits by falling for down rampers and negative posters and this company IMO is one of those stocks. Also for those comparing this to ODN....this is not ODN it is EXM, have you not noticed how quick this went from AQUISITION announcement to deal nearly completed while ODN has taken over 6 months to give little to no details. anyways like you I'm really interested in Dropsuite and see this growing big time and I want to be in it as it does grow
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