Expect a capital raise in the next 6 months. I really can't see them signing 40 clients in the next 12 months as per their guidance, which on their example would only equate to $2-3m revenue annually and taking into account they have only signed up two customers in the last few months.
Lets hope their investment into a larger sales force pans out.
They are pretty good at putting out presentations to the market and love to try to excite investors with talk of billion dollar markets, but that hasn't been the reality for KTG over the last 5 years and they have been involved with the nuclear sector for some time now. If its such a no brainer why aren't customers just singing up and why it is taking so long? Just doesn't add up to me.
KTG Price at posting:
20.5¢ Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)