This post might be informative for new holders
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I have spoken with CEO this morning (17 June 2016) for 26 minutes, main points as follows:
1. Annualised bookings as at 30 April 2016: $4.8m.
2. It takes about 5 - 6 months to convert the bookings to cash revenue.
3. Cash revenue should be accelerating in the coming quarters.
4. 1PG has been incorporating tech IP from Marianas Lab acquired in December 2015. ex-Yahoo CTO and key executive hired from ML are still working for 1PG.
5. Branchout has rich data.
6. 1PG is also able to search professional data from other database/websites, not solely relying on the Branchout.
7. Small business offerings didn't start.
8. Focusing on large corporations, and with over 100 open opportunities.
9. Aiming to not raising any additional capital/cash, to achieve profit and paying dividend.
10. She thinks current price is undervalued.
11. LinkedIn takeover is an excited news from her point of view.
Good luck to ALL![]()
Analyst Estimates & Rating, page-163
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