Timely update. Addresses the two key issues the market is currently waiting on.
Parse on Buddy: Buddy is today previewing that full billing integration will launch in the coming week, and first revenues from Parse on Buddy will be reflected in this current (Q2FY17) quarter. Several major brand migrations are already queued up or underway.
In terms of major brand migration, this is excellent news as Parse on Buddy has been specifically designed to handle high volume apps/brands. To see successful early uptake is gratifying. Should only grow from here on in.
Noveda: Full integration with Noveda’s monitoring & verification platform is also being demonstrated, along with a live customer demonstration of the Noveda solution.
“While clearly this transaction is taking longer than either Buddy or Noveda expected or had hoped for, I can confirm that work is continuing daily on this complex transaction, and as developments occur, we’ll be very sure to announce them accordingly.”
That Noveda are demonstrating alongside Buddy tells us all we need to know until full closure. Sure it will be worth the wait.
2017 shaping up nicely
BUD Price at posting:
8.0¢ Sentiment: Buy Disclosure: Held