Ann: Scheme of arrangement approved by Federal Court, page-8

It's fairly familiar territory for a early-to-mid-stage tech company to still be losing money hand over fist. This shouldn't concern investors.

What should concern investors is that they are losing money while getting nearly of their revenue from a series of businesses that have been running for a long time. Scheduling+ is 17 years old, DeliveryBizPro is 22 years old, and Logo d.o.o. is a whopping 30 years old. I think we can safely apply Occam's Razor here - if any of these businesses was going to be a rocket ship, they would have rocketed by now.

There's very little evidence, despite the hyperventilation by some commenters here, that DBP and Sched+ is somehow already integrated into some amazingly seamless offering with Swifty's core product. This mainly seems done as an excuse for the obfuscation of the revenue from those sources into GSW's core business (as if, somehow, 3 columns would have been too complex for investors).

I'm pleased to see them heading off to the NEO. It will be a fresh circus, but have zero real effect on the catastrophic bottom line of this company. Will they find a bunch of new investors to subsidize another couple years of this circus?