Hi all, I haven't posted for a while because I am despairing of all the downrampers and people who clearly don't have any understanding of CRO or the products but I'll do this one post to clarify a few things:
1. Adrian and his Mum have NOT been laughing all the way to the bank at shareholders expense, as some downramper posted- almost all their shares are escrowed, so they can't be sold or in any other way utilised until end of June 2022.
2. The debt warehouse, as Adrian has already said, is going through 3 weeks of Government compliance, but that means it is ready now, and will be announced to market when compliance is complete. Compliance is a lot of red tape, and can't be completed until all the parties to the DW are set up, so clearly, they are, for compliance to be in the process now.
3. As Adrian implied in the latest interview, they have lots of deals to announce, but he 'doubts the ASX will allow them to be annonced as ASX announcements'. There is a good reason for this- they are now a index stock, and as such, must comply with much stricter announcement rules. Because they said in their last quarterly that they would improve revenue and customer numbers in the upcoming quarterly, any deal now merely confirms that they have improved revenue and customer numbers, and announcing these on the ASX is considered self-promotion, which is not permitted.
4. The volume and depths of the transactions is the key to understanding potential future revenue- they are not tiny bits of revenue as some other downramper said, but multiple clicks from multiple customers.
5. As for ASX INVESTOR Channel, it is one of the most watched and a perfect place to give an interview, but let's not forget he has done interviews with Bells Direct, Proactive, newspapers, TV , podcasts, and webinars. There has been a substantial shift in the content of all of these over time, because there has been a substantial change in the companies they have onboarded, the partneships they have formed and the acquisitions they have made. Those wanting to belittle the achievements this year should consider how big Woolworths are, for example, and the significance of a cross-boarder transaction with China. These are HUGE steps.
6. The move into Asia via Singapore and India is massive, and again, anyone sluuring the Indian aquisition is a fool- these are highly skilled, highly educated guys who will play a vital role in the Asian market. To denigrate them because they are Indian is narrow minded, bordering on racist.
Finally, it is disappointing that the market has yet to catch on to this company, but there will come a time, very soon I expect, that no one will be able to ignore them. And if you don't like the way Adrian presents, then don't watch- I find his enthusiasm and down to earth attitude a welcome change from the usual stuffed shirts.
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