He was pretty clear when I spoke to him months ago that the BOD has no intentions of waiting on the sidelines and just growing organically. We need to invest in order to grow revenue,and that's exactly what they are doing. And thats exactly what I want to see them doing.
They have first mover advantage in what is a super fast growing market. They have amassed a portfolio of businesses that can all work together to provide something that no one else can provide.
Just look at this revenue growth that has come from nowhere just 3-4 years ago...and a nice percentage of it is now ARR.
GB has many times my share holding. He wants this to succeed on a global scale.
I back him and his team. Yes my average was 10c on the heads. I was inches away from exiting and taking a huge loss. But now that I can clearly see that they are delivering on their stated strategy, which I why I am happy to be averaging in for a large exposure at these levels.
And if Foo Man Chu and the dog food eater want to keep down ramping and hating on me and this company....I welcome it. They can spend all their time commenting and heckling a stock they dont even own. I dont see their posts, and I dont see them.
Good luck to holders.
10x
VR1 Price at posting:
1.7¢ Sentiment: None Disclosure: Held
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