Short Term Trading Week Starting: 22 Jan, page-353

STTCOMP, CIO FA LONG

Hi All,
Not normally one to tip a co >20mill MC, but I believe CIO is on the precipice of a major breakout with outstanding QonQ growth and a large addressable market.

Corporate
MC @ 2.7c 23.97mil
Cash Oct 2017 approx 3.4mil
Debt Oct 2017 approx 1.2mil
EV approx 21.77 mil
SOI: 622mil free float, 265mil escrowed shares until 15/03/18
As of 18/09/17 Top 20 owned 51.64% SOI
Approx 165mil shares traded (ASX only) since Nov 1 under last CR price of 3c

Company Summary
For those not familiar, Connected IO (CIO) develops wireless products for machine-to-machine (M2M) communications and Internet of Things (IoT) connectivity. The CIO family of programmable modems and routers are innovative, operator-certified, secure, and affordable, making them the preferred choice of enterprises around the globe for a wide array of applications and industries, including digital signage, POS, vending machines, security, monitoring and control, and failover.

Current Official Partners
- Verizon
-  AT & T
- Coca Cola
- KORE

Other Notable Clients
- LG
- Burger King
- Rosco Vision Systems

Performance
- 2017 revenues have grown 364% on the 2016 calendar year to approx. $2.44 million.
- 236% growth June to Sep quarters.
- 2018 purchase orders have already exceeded $2million, and the company expects an even higher percentage growth in the 2018 calendar year i.e. minimum $8.88 million revenue based on $2.44 million 2017 revenue.
- CIO anticipates break even by Q3 2018.


  
Expected News Flow/SP catalysts
- Upcoming quarterly which I expect to be strong given the revised 2017 revenues

- Update on further PO’s through existing and new customers. “Five significant further purchase orders are currently being negotiated and further updates to the market are anticipated in coming weeks.”

- New sales growth via the recent partnership with KORE (Ann 23/01/18). KORE is one of the world’s leading IOT and M2M providers with a global workforce of 400 staff, servicing 160 countries and has offices in Canada, USA, Australia, United Kingdom, Netherlands, Singapore, Dominican Republic and Brazil. KORE works with Tier-1 global operators including AT&T, EE, Immarsat, Iridium, Rogers Wireless, Optus, Sprint, T-Mobile, Telefonica, Verizon, Vodafone, Vodafone Australia, O2, KPN, Claro and Vivo.

- Hopefully signing on the world’s largest franchise as a client as per the ann dated 17/01/18…“The largest franchise company in the world is currently evaluating CIO’s solutions for its corporate and franchise stores”. Not mentioned by name, but not all that hard to find out who they are talking about

  

- Supreme Court Decision on the disputed Mission and Cables gold asset due Q1 2018, gold currently sailing past $1350 USD/oz

GLTA Holders