When Carsmartt, Inc. launches their new ride-sharing application in the coming weeks, and if it functions as advertised, it’s going to be one of the most sought after companies in the OTC.
Since Carsmartt currently has their website down for maintenance, members of our trading community have been scrambling to find information on the company.
There are three items that require your attention…
- Most recent filing by the company on May 1st of 2019: https://backend.otcmarkets.com/otcapi/company/financial-report/218573/content
- White Pages outlining the company vision: https://drive.google.com/file/d/1KmMk5PVTcsVsPEZHMYOE4PLGJZwJgpFY/view
- Amazing interview where Carsmartt explains their vision and points towards the future: https://m.youtube.com/watch?feature=youtu.be&v=iOMHxD9uZBY
The future is now!
[Original Content 4/30/2019]
Think about it…
As of writing this article, Lyft has a market capitalization of $15.5 Billion dollars, and Uber is rumored to have an estimated IPO valuation of $90 Billion.
That’s right, a $90 Billion Dollar valuation for a company said to be losing money…
Now, It’s not unreasonable to suggest that $CRSM will engage at least 1% of the ride-sharing market over the next two years.
That’s right, we’re focused on 1% engagement.
Even a measly one percent market share, assuming all things equal, would catapult Carsmartt’s market capitalization to the Billion Dollar mark.
That means we’re looking at an approximate price of $2.50 per share.
One percent of $100 Billion dollars is substantial.
If their upcoming release even glimmers of success and has consistent adoption rates amongst drivers, we could see the price per share leave penny land for good.
…and the odds of them having a “successful” launch are pretty awesome.
It’s very probable that at least 10% of the ride-sharing market will register with Carsmartt to simply try the service and get first hand experience. Especially with Carsmartt promising 25% higher commission payouts to their drivers.
These higher payouts couldn’t have hit the market at a more attractive and lucrative time.
Uber drivers have been going on strike all over the world and Carsmartt may be the solution they’re looking for.
Additionally, emerging labor advocates are making competition stiffer than ever, and we believe Carsmartt will attract users and experience growth based on two key factors:
1) Drivers are said to receive 25% more commissions for their work (as previously stated) and…
2) Carmartt, Inc. utilizes a coin based wallet making their application and payment system seamless across international boarders.
In my personal opinion, it’s one of the most practical applications of blockchain technology to date.
So, not only does their primary application disrupt a $100 Billion dollar ride-sharing industry, but they’re also building inherent value in a proprietary blockchain based currency.
Not to mention the potential for a self-driving fleet…
With that said, there’s a pretty good chance that Carsmartt will get a considerable amount of attention in the coming months.
There is even a chance that we’re witnessing the birth of the “big three” publicly traded ride-sharing corporations.
Only time will tell, but we are extremely excited to see what the future holds.
When official news from the company hits the wire, things could get very interesting, very quickly.
Check back for more information as updates become available, and for more information on $CRSM check out our introductory article here: https://moneyshire.com/2019/03/05/enjoy-the-ride-crsm-set-to-shine-this-spring/
P.S. We have reached out to the company for comment but they are not taking media request at this time. We will update this article the moment more information becomes available.