If ID8 goes to 100mil MC with multiple software deals and decent profits, the management will have plump salaries, no deadlines, no retrencement risk, huge capital gains on the stocks and options, together with happy shareholders.
I think they just need to work harder like the previous management, banks are hard to close but if they put more time and effort I think it will come sooner...
Stan Chart, Citibank, HSBC, Mastercard, Rabo have many internal experts way more knowledgeable than us. I think what could be holding it back maybe some other private products providing similar solutions. probably some with front end solutions bundled with ID8's back end type of solution but they have to be very careful of the backend solutions for ID8's patent infringement.
Still frustrated as a sizable shareholder with respect to the progress compared to last year this time just before the new management officially took over...
hope they can buck up within this quarter.
Cheers.
ID8 Price at posting:
5.3¢ Sentiment: Buy Disclosure: Held
