Morgan’s Interview

Hi Guys,

I have a large chunk of shares so I’m doing plenty of research. Some points from the interview.

- Don’t underestimate the rocket COVID-19 will put under their future growth. It took IHR 3 years to onboard 90 customers. It took them 6 WEEKS !! to onboard 50 customers once COVID-19 hit(including enterprise customers).

-Their sales cycle/new client billing has been reduced significantly as a result of COVID-19.

-This is all very interesting considering Bevan invested at the start of or during COVID-19.

- I have worked for Bevan in the past and he is not one for hyperbole. According to Rob, Bevan’s feedback to staff was “ you have been building your business for 5 years now the business is ready for a Tsunami“

- Their partners / Echo system Go 1, Xero MYOB are creating a global scalable platform which will greatly increase sales.

- With Microcaps execution is always a concern although these concerns are largely offset by their cornerstone investors (Bevan ect) and their experienced board.

I have also been studying 3DP as an investment (I was a past investor) and I prefer IHR. I remember when Bevan split superloop into two companies. Megaport and Superloop were then listed separately Everyone was talking about superloop and I preferred and invested in Megaport. Today Megaport is worth 2 billion. In the early days it reminded me of a potential snowball due to the fact it was a platform / echo system.

Any feedback on IHR would be appreciated including shooting my post apart as I’m looking for objective truth. If they can continue the growth trajectory they have experienced in the early days of COVID-19 the next 2/3 years will be very exciting. As always do your own research and GL to all holders.