quarterly, page-24

You may be right Wegian, the Qrtly, the recent news and the lack of an obvious immediate closure signal on the CM deal may cause those with a loose grip to let go. The price may pull back a bit.
But that Mobile Phone/Lottery/China carrot is very big.

Back in 05 06 SSI went from 18c to 5.59 with some lottery licenses.
They failed to convert the promise. However SMA have a far superior and structured plan.

1. Built a base in China - proven service history from Bejing Olympic Games
2. Fully developed Mobile phone delivery platform
3. Payment gateways from users bank account
4. Payment from users phone a/c
5. Proven online/mobile marketing strategist
6. MOU with Telco giant (huge registered customer base)
7. License for 3rd party on-sell of tech

The quality of there partners in this enterprise is excellent
from ex-Ambassador to China as an exec director
Digital Agency - Gruden Digital with a development team in China
Marketing & SMS tech pioneer Zhenya

SMA have done all the work to achieve CM approval
They only need CM to want to sign off
- They are launching/have launched a real-world operating model
- And working to get the lottery service running

I think it may be to their advantage that they are not tied to a Sony or Samsung as allegiances like that might cause barriers to entry in China


Meanwhile they are working to gain revenue from selling their logistic package
and they are literally sitting on a gold mine .02 is a great price

Strong buy
Sell now and regret IMO