EXTREME Value Situation
Recommendation: Globalive Technology (TSXV: LIVE & US: LVVEF)
The Globalive Technology partnership it is working on with Coinsquare is 50/50 for the U.K. and European markets.
Blue-chip, institutional investors recently valued Coinsquare at $330M, so we already know the market value for their Canadian operation.
Canada has 36 million people, while Europe has 741 million!
The initial focus is the U.K., which has 64 million people, double
the size of Canada. And we should also point out that London is a MAJOR financial hub for the world.
The upside here is enormous on this partnership, in which Globalive Technology would own 50%!
Globalive’s market cap is currently CAD$185M (USD$142M).
In my opinion, I think it’s fair to say that the current market cap is steeply discounted to just a single joint venture.
I believe this is one of the most serious start-ups we’ve ever had the chance to be a part of on the public markets, and we are dealing with big numbers here.
Anthony Lacavera is a very serious entrepreneur, so this isn’t going to be normal speculation at all…
We could be part of history with the potential for Globalive to become a pure, dominating artificial intelligence/blockchain company.
By the end of this week, this will be my top holding.
Editor’s Note: We noticed that Globalive itself has prepared a helpful summary of how big brokerages like TD Ameritrade, E*Trade, Scottrade, Schwab, and Fidelity trade TSX Venture stocks once they have them in their system.
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The ideas, projections and views expressed are those of FutureMoneyTrends.com and are not ideas, views or recommendations of Globalive or any of its officers or directors. Any forward looking statements are based on our assumptions, projections, beliefs and expectations, however, there is no guarantee that these statements will prove to be correct and are subject to risks and uncertainties.
This work refers to joint ventures or investments that Globalive is a party to. Some of the joint ventures may be subject to further negotiation or documentation.
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