I think I misread the announcements. Nevertheless, what is going on with this stock. Now 4 (??) years as a listed entity and still finding its feet. Admittedly, a back door entry courtesy of CMZ could be viewed as a mistake but still nothing ever seems to happen. Plenty of flowery announcements which seem to lead nowhere.
Last year we had the $18m smart card deal in Hong Kong (??) and zero news since. Judging by the most recent quarterly they don't seem to be buying lots of equipment which suggests actually getting a return on the deal is a long way off. What happened to the US deal from 2002 (forget the name).
I held these and sold them when I got my free ebts. I missed out on the 3c divi. At the moment I don't see any reason to buy back in. Plenty of promise, very little dollars on balance sheet
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