Future

What do we need to see? Some thoughts:
- The extra 2m in savings confirmed as implemented. - Further improvements in cash flow.
- Net profit.
- Return to growth following revenue declining last quarter.
- Better watches across the board (i.e. budget, Adventurer and Life).
- Better software including fitness challenges to create a networking effect.
- Expansion into more regions including Germany.
- Improved company transparency (without giving our competitors too much info), communications and shareholder relations.
- Expansion of JumpySim into more regions.
- Abolish the app fee which seemingly unfairly only applies in Australia - just JumpSim ongoing fees. Alternatively, a free minimum version and paid version with worthwhile additions (eg the audible books idea etc).
- Better marketing - so far zero entertaining, engaging or humorous marketing ads. Only cookie cutter ads.
- Debt repaid.
- The new CEO to outline his vision.
- Faster innovation - new versions of the watches are long overdue.
- Resume paying dividends - long term goal as we are currently debt ridden. Sometimes too much money too soon is a bad thing - borrowed money wasted via uncontrolled increased costs too soon. Not forced to keep costs in check.
- Commitment to producing positive returns for shareholders, including long term shareholders, and avoiding further dilution.
- Clearer announcements properly proof read and checked.
- Start disclosing key information such as the number of JumpySim users - seems like they may have tried to do this in the last presentation but failed due to the table not even having numbers on it.
- CEO promoting the new watches when released and talking up the company.
- A ‘dumbed down’ mobile phone so we can capture teenagers as well. The children progress from the watch to the phone.
- JumpSim to capture non-Spacetalk customers too.
- Spacetalk app to work on non-Spacetalk watches and phones. If there was a paid global version, we could profit from customers with non-Spacetalk hardware.
- Take advantage of the schools business to sell more products and services.