Why the 4C won't matter in 6-21 months, page-23

Marvin - I think your post is fair (don't agree with conclusion) but not hurling abuse...but a few points

The MCap today is $114 mill not $150 mill - sure there are options etc but the they would bring cash in - quite a big difference there

This is a disruptive tech startup with very broad business application - has signed (in some capacity) many major ASX companies and no less than Johnson & Johnson in a fairly short space of time

The many comments about revenue in the quarterly and potential cap raisings etc above (not you in particular) are just laughable - it is real rear view mirror stuff - RFN claim to have 80 clients and growing quickly - they are expecting $50,000 a year once fully signed - it might take six months or a year to see all of that come in the door - but once the market realizes this might have very strong forward revenues they won't care about immediate net profit - the market will just price it forward.

Look if this was just about any other business model I would agree with you about profit and be running for the hills - but these type of tech stocks are different - that is why they can explode - very minimal capital expenses, and they can move in terms of revenue very very rapidly if the technology is good (and in this case the value proposition is great for prospective clients) - they are near the perfect business if you can get it right

And don't worry about funding, just look at 1pg they raised $50 mill like that with minimal dilution and they are in a similar boat

You could be right about the Jamie Pride credentials to a point - but what about Geoff Morgan (or the dude from Westpac on the board) - perhaps a minor detail there looking at the bigger picture?

Two sides to every story