Hi Jake, I think a company that is in the same space as QFX,...

Hi Jake,

I think a company that is in the same space as QFX, with 200,000 streaming subs, making a profit, turning over 20 to 25 million per year could have a market cap of 100 to 200 million.

If QFX can do it is another matter. They have completely disregarded shareholders by mismanaging the accounts which is pure stupidity. You can only burn so many investors. I wouldn't be surprised if all was forgiven by the market if they trimmed 1 million per quarter out of costs.

Putting a cap on likely future share price either way on a spec in a new you beauty market is dumb. QFX are a disaster but have the potential for something to go their way and its a different scenario completely.

I wouldn't have guessed they would head to .001 after the 20,000 sub growth quarter and stan taking a position but I wouldn't discount them going broke or getting the right combination possibly through a new director and direction and going past 100 million market cap either.

71