Voyager Digital (CSE: VYGR) just hit a new all-time high of $8.49 per share for a gain of 1,315% from NIA's June 10th suggestion price of $0.60 per share!
With Coinbase going public very soon and VYGR growing much faster than Coinbase, we believe VYGR still has more upside potential. However, it is an obvious fact that VYGR no longer has the same risk/reward ratio that it originally did when NIA had the honor of being the very first organization in the world to introduce the company to the investment community back on June 10th at a market cap of only CAD$52.43 million (USD$39.08 million).
VYGR today has total shares outstanding including shares reserved for issuance of 138.84 million for a market cap at $8.49 per share of CAD$1.179 billion (USD$932.2 million). VYGR has USD$350 million in customer Assets Under Management. VYGR is being valued at 2.66X their customer Assets Under Management.
We believe GoldMoney (TSX: XAU) will be the next technology stock to explode!
XAU has total shares outstanding of 75.33 million for a market cap at $3.06 per share of CAD$230.51 million (USD$182 million). XAU has USD$2 billion in customer Assets Under Management. XAU is being valued at less than 0.10X their customer Assets Under Management! Last quarter, on a year-over-year basis, XAU's revenue grew by 91.59%, XAU's gross profit grew by 202.5%, XAU's net income grew by 612.6%, and XAU's operating income grew by 2,870%!
XAU has been saying very little to the investment community in recent months but if you open their Management Discussion & Analysis filing for the Three and Six Month Periods Ended September 30, 2020 by clicking here and scroll down to page 9, take a look at the photos they decided to publish of their GoldMoney platform! There must be a reason for this!
XAU is the #1 online global leader at providing investors with the easiest and safest way to buy physical gold, silver, platinum, and palladium. GoldMoney is the only company in the world that allows you to automatically store precious metals that you own 100% title to in one or more of 15 vaults of your choice located around the globe. Unlike ETFs, which force you to settle your transactions for worthless U.S. dollars, with GoldMoney your gold is allocated to you, insured, and 100% available for quick and easy physical delivery at any time!
There are no counterparty risks whatsoever! If you wish to sell for a fiat currency, you have the choice of transacting in one of nine different fiat currencies (USD, GBP, EUR CAD, CHF, JPY, NZD, AUD, DKK). GoldMoney has built the #1 most trusted brand in precious metals!
The only reason XAU isn't already trading for double digits is due to the fact that the company spends zero on marketing its stock to the investment community. XAU's CEO owns a large percentage of the company so his #1 priority is long-term value creation. He has decided that the #1 best way to guarantee XAU increases significantly in value and remains there permanently is to reduce the shares outstanding as much as possible through share buybacks. Last quarter alone XAU repurchased 3 million shares!
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. NIA has received compensation from VYGR of USD$60,000 cash for a one-year marketing contract. NIA's President has purchased 45,000 shares of XAU in the open market. He intends to sell these shares in the future for a profit and can sell them at any time without notice. This message is meant for informational and educational purposes only and does not provide investment advice.