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15/03/18
12:51
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Originally posted by Jalana
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I for one will be taking up my total allowable allotment.
Here is why:
All the "bad" now officially ticked off
One of the "good" also ticked off (in progress)
Latest CR sees $2m in the kitty in order to allow for the remaining "good" to be achieved.
BAD:
No contract signed for any significant revenue until at least Late March early April 2018 (Hope Im wrong on this)
High possibility of another CR from now until April 2018
Announcement relating to the delay of certain aspects of business / product development in the coming weeks.
SP drops to 0.019 - 0.021 in the coming months . (unfortunately even lower!)
GOOD:
Major deal will eventually be signed!
Deal will be much larger than anyone has predicted.
Rapid deals will follow initial major deal, but will be smaller in scale
A large chunk of past R&D work will go down the drain as they will be asked by major customers to spend ALL their time refining and developing compliance / data recording / and data mining (Learning) applications.
Current list of questions to ponder? Answers are obviously my opinion.
Does the Company have a forward thinking well presented CEO? YES
Does the company have they ability to associate itself / partner
with companies much larger than itself? YES
Does the Company have the ability to raise capital when required,
even in tough Business conditions? YES
Does the Company have a well stocked talent pool of employees? YES
Does the company remain “In Focus” by attending / participating
In, industry related seminars / marketing opportunities? YES
As a general feeling, IF company was to deliver on “pipeline”
Prospects, is a MC of $100m a strong possibility? YES
Does Company have an offering currently in high demand? 80% (In Progress IMO)
Has the Company displayed certain reporting / announcing habits
That can be deemed by some to be“potentially misleading”? YES (IMO)
Does the Company have a tendency to miss outlined performance
Targets / objectives? YES (IMO)
Does the Company have a high Cash Burn Rate? YES
Expand
Are you the reversing truck drivers alter ego
Imo half of your yeses have yet to be shown correct.
Its good to dream but we all wake up eventually.