I want to say that I invested heavily in this company during the period of time when there wasn't anything but speculation, deduction, and rumours to help tell the story. I was always hopeful that the story I felt was taking shape would be a good one. That is why I bought shares.
Now, they have come out and given us the news, I have to say that it is infinitely better than I had hoped for.
Prior to yesterday's announcement, I was hoping that when they came to the table to tell everyone what they had done, they would tell us that they had been able to pull in some old favours, and piece together a bunch of deals that would make them the money. The success of these deals would attract more money, and they would also raise their profile in the VC community. Hence, a cycle that would continue to drive them higher. That is what I had been hoping for.
But after having some time to digest the magnitude of what I read yesterday, I can tell you that I was unequivocally blown away.
The partnerships that they have entered into, and the equity stake they have already taken in one of the funds, together with the equity stake that is being taking in them is in my opinion the equivalent of the being touched by a hand of gold. The fact that they could secure partnerships of this caliber still has me speechless.
The fact that many of the news services screwed up royally by only reporting on the Water deal (a profitable company that helps them retain their TSE listing) means much of the world still does not know about what they have pulled off. Because we have had the opportunity to dig into the news releases, this period between us knowing something that has not been widely reported on - and the majority of the world does not yet know about it - can only be seen as a opportunity that comes around once in a long, long time.
When the company comes out with the story on just what they are into then that is when you will see the rest of the investment community going back to figure out what Jordex just achieved. Then I really believe that we will see fireworks. That is when this stock will really start to move.
So, with that I can tell you that a few minutes ago, I just added to portfolio, because I know that this story just got much more attractive than it was to me before.
Crazy Canuk |
