CR8 - Rising of the pheonix, page-70

Looks as though the Phoenix grew larger wings today.

I think there is still a lot of 'bad blood' amongst former holders of CR8, hence the negative commentary.

However, perspective is needed when making investment decisions. I would like to compare CR8 from when it RTO'd to it's position now (the comparison is extremely relevant given the EV is the same & so is the Share Price... Yes there are more shares due to the CR, but those shares were purchased at 4c, which is the current share price - hence no change to EV).

RTO - SP 4c
- Nationwide was the only client on the books (as a pending implementation)
- It ran to 10.5c as a high


Now - SP 4c
- Nationwide has increased its scope (& hence payment to CR8) in the roll out
- Another F-100 Insurance company is implementing
- Yet another F-100 company is at POC stage
- AMP is at implementation
- Direct Money is at implementation
- MetLife opportunity is new, real & will be a game-changer for the Asia region

Now, putting aside previous investment decisions & nightmares... it doesn't take a genius to draw some dots & say that if it ran to 10.5c after the RTO stage, then with everything it has going for it now, that plus more in the near term is a possibility.

The story was good before, it is great now.

They are making waves within the industry & the fact that there are 3 active F-100 companies on their books is a testament to the tech. These are the largest insurance & finance companies in the US... they wouldn't waste their time if they saw no benefit.

Furthermore, they don't want any of their competitors to know what they are doing - hence their names are in the strictest of confidence! If that's not another endorsement of the power of the tech, I just don't know what is.

IMO this is now at bargain basement prices (given it's the same price as it was when it RTO'd) & industry players would be taking notice.

You watch all the nay-sayers automatically switch from bearish posts to bullish posts when the SP begins its journey north... it always happens lol