Ann: Sale of cp.Protect and cp.Discover Technology Assets, page-25

While also a frustrated holder with no love for the management and their poor track record, they have now undeniably made two successive, strategically clever moves.
1) Acquire a high revenue, growing business in Brace 168.
2) Sell off a loss making, non-growing business in CP products.

The cost cutting in itself is beautiful and the funds from the sale is the icing on the cake.

I personally don't even begrudge the Brace team their performance bonuses. They have produced fantastic revenue in hard times- just compare this to the garbage that Steven Bliim and co were 'achieving' with Cipherpoint products.

I agree with the other poster that we only hope management doesn't get in the way of Brace doing their thing.

We are now at approximately $4 million cash and $8 million market cap.

How many companies with $4 million EV are already bringing in close to $3 million in revenue and aiming for $5 million this financial year?

Not much downside and plenty of upside at these levels.