As the Netsuite agency has hit headwinds as the chairman stated in 2019, shareholders investment consists of a $9,000,000 sales force, keeping the revenue from Netsuite alive, $4m in cash and the increase in costs assoociated with the development of a new acquistion in Riyo and the Spectrum/Netsuite agency business in Asia.
To me, it looks like a lot of loot is now going to used up keeping this business model treading water.
Cannot see how they have converted the customer base from smaller to larger in this enviroment - which means revenue will take a hit.
How would you know with the minimal updates.
JCS Price at posting:
2.3¢ Sentiment: None Disclosure: Held
