Ongoing subscription Revenues, page-33

Okay, just to set the record straight:

Your original post (which came out of nowhere I might add, even though you aren't invested or looking to) suggested:

1) You had built your own LMS which had grown exceptionally well and was forecast to turn over $150k-$200k in this financial year.
2) Velpic's growth over the last 2 years in your opinionwas lame even though they have grown to $750k.

When I had stated that it appeared you had missed the boat, I didn't mean with an investment in VPC, but rather the LMS that it sounded like you had built.

Some of your thoughts about why this hasn't grown as fast as some may have expected are valid, but I think two of the the key things it comes down to are:

1) They listed too early in their life cycle. This article that I posted a few weeks ago covers the impact this can have on hampering growth.

https://*-com-au.cdn.ampproject.org...s/asx-failing-tech-start-ups-says-expert/amp/

2) They initially got the pricing model completely wrong in trying to charge PPV. This was probably the single biggest mistake imo which hampered growth and the model changed late last year (September from memory).

Lastly, please enlighten us all as to your motivation as to come on here right at the apparent bottom of the cycle, final capital raise, getting closer to CFP etc etc to tell us that the ship is sinking.

It's pretty obvious but please tell us - are you a Soph investor that has just taken a stake or are you a non-holder hoping to pick up some shortfall shares?

I cannot believe you are simply an angel from up above spending your time on here to try and save all of use from taking our entitlements at the bottom of the cycle in what could be one of the biggest growth stories over the next 12-24 months.