RIME’s semi-cab product, assuming its models are correct for at least 25% fewer empty miles and more transportation productivity, could save $247.5 billion if implemented just in the US.
Assuming they are only charging a licensing fee, their value comes from offering these services to companies. With 1.86 million companies, assuming 1 million adapt the AI software, and with scalable percentage fees, they could justify double-digit savings, potentially creating around $25 billion (although this may not be realistic). At a license fee by the truck, it could even look like $1 billion.
That’s ambitious and requires massive adoption, but there’s transportation all over the world. Assuming 1% of the worldwide market, it’s still worth far more than a $1.3 million market evaluation. The singing company was poor, but they’ve revamped it and are piloting new initiatives. It’s a company you can get in on the ground floor while they’re implementing new pilots.
They now have the cash to do so (cash on hand amounts to a $0.15 evaluation), and it currently sits at $0.096.
If handled correctly, this could easily be a $1 stock by the end of next year. However, there could also be a reverse stock split before another offering, all the way down the holding company’s well.
Do your own due diligence, but I’m a future bag holder of RIME. That said, I do plan on taking some profits!
3 Responses
Really have a good feeling about RIME. I think it could go to .18.
I do very much like the consolation. The dilution was extremely heavy, but I’m a believer in capital. If ai was holding this stock at any other point in recent history, i’d be very unhappy. But I would have also noticed how over valued it was and cash strapped.
They now bought some extended life and I’m hoping it will be enough to gain traction. RS would be my next expectation. By then I would have taken profits and if it tanks, could just add in more quantity.
But this is one I definitely plan on leaving profits in, if I see them of course!
Bullish to .15, but hoping it consolidates on the way up and can keep running. Price in some value to their pilots we could even see .20 in the short term. Resistance then at .30 & .40, but obviously fomo would need to happen to extend above those lofty targets and some positive news from their pilots.
From a simple chart play, I would play the bounce to .12
But when I looked at the evaluation, this has way more upside potential.
Good luck to all! Do your DD and trust yourself first and foremost
Looking at RIME, it has beat both of the price targets that we set initially.