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BigKenny

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19/02/21

16:39

Post #: 51165203
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Originally posted by kamprad: ↑

22/02/2021 i reckon its going to open high 15 to 16 cents and continue into the 20cent range as people take their positions prior to the webinar

the webinar on the 23/2/2021 is going to generate a hell of alot of interest and the shareprice is going to the moon

march will only be 5 days away from the 23/02/2021

Cirralto to acquire Appstablishment Software , this was meant to happen back in 2019 , now its finally going ahead in 2021

the acquisition will eliminate considerable cost to CRO which licences some of appstablishments software

This acquisition is considered a "transformative milestone" for Cirralto in grabbing an established software development house.

Appstablishment is a Software-as-a-Service (SaaS) company that develops software products for businesses to efficiently collaborate.Its SYNK'D platform, along with its business management application, Spenda, provides a complete solution which brings substantial productivity and costs savings to customers.SYNK'D synchronises financial and operational data between financial accounting platforms such as Pronto, NetSuite, XERO, MYOB Account Right Live and QuickBooks.Spenda allows for simple collaboration and trading between small and large business-to-business customers as well as a point of sale platform.Where these platforms align is when SYNK'D integrates each transaction in the Spenda platform into financial systems to make accounting and compliance fast and accurate.

ts technology suite is deployed across over 15,000 businesses which will provide a gateway to the market for Cirralto and will also bring it an additional annual recurring revenue.

"The integration of Appstablishment’s proven SaaS product offering, technology capability and existing customer base, combined with the company’s data migration software will bring an exceptional development team in-house and provide clarity and focus to drive the company to the next level of performance,

This paves the way for Cirralto to benefit from owning commercial IP and will give it access to the Australian Government's research and development tax incentive scheme.Once the acquisition has been complete, Cirralto will continue to focus on the roll-out of its SaaS solutions and the fast-moving consumables goods, upscaling by adding more end users within the network and providing them with new functional modules.

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Sounds great, but could be out the window for now if a big player is entering.

CRO Price at posting: 11.5¢ Sentiment: Buy Disclosure: Held
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Monday Moring Up and Running ..., page-22

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