News: BID Bill Identity Will Discontinue About 20 Us Platform Utility Bill Management (UBM)..., page-10

May I ask a pertinent question of the longs

If I have done a little DD right, BID are in the business of cloud based data support for utilities finance/accounting management.

They have 11m in the kitty, lost 4m last Q (per 4C) and have just taken on a new CEO at $440k plus same again as a turn-around incentive payment (plus 5m 50c oppies)

Heaps of insider buys but I did see one sale. Couple of significant holders increasing their shareholding.

So on the face of it ... might be cheap, might be a good prospect.

My question ... remember the BNPL micro-stock run killed by the mainstream finance institutions getting in on the act?

Is there any chance an Amazon or Google or Oracle etc could get into the outsourced data invoicing act? Big Brother'ish I realise!

Maybe a stupid question, sorry ... I'm hopeless at FA!