PIL 7.14% 1.3¢ peppermint innovation limited

3, 2, 1......take off!, page-9

  1. 5,672 Posts.
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    If u look at the Sept quarterly 2018 ....and perhaps the others before , u will see that Pil made a big deal out of their launching of Bizmoto .

    Other previous I initiatives they highlighted ....just fizzled out ( never to be referred to again )

    So just after the Sep quarterly they released a market update ....providing some info into translation stats .

    Incidently these numbers were woefully low.

    The whole value proposition of the Bizmoto ap is that transaction numbers rise to levels that will generate meaningful income .

    I think we need to be talking literally millions of transactions a month .

    One could take a leap of faith ....and project that PIL were on target ...providing one could get a feel for the rate of growth .

    I have no inside knowledge .

    However it's easy to conclude that PIL arent getting the rate of growth they need ....by the fact they are typically silent on numbers.

    The share price is in the dumps .

    If they were getting the numbers they would be crowing a out it .

    Instead nothing ....except some BS tslk about a placement at 2. 5 cents .

    Cheers
 
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