Ann: Market Update, page-16

Essentially a startup company post peak hype is what I read. The hype just peaked a whole lot higher than normal.

It’s a cashflow watching game now until they can at least pay salaries. After that a revenue game. Standard.

I predict a price drop in line with that profile down to about $.40 and then the long, multi-year slog into a viable SaaS outfit. Perhaps one of these giant contracts takes off (like NAW) and starts bringing in wads of cash, but I doubt it. I suspect it will be a much more modest ramp up, at least for the next 18 months.

GL all. IMO. DYOR.