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This one deserves another re-post. I myself had questions...

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MrScofield

91 Posts.

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26/01/18

14:25

Post #: 30591592
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Originally posted by shaunmac ↑

Below is my account of the AGM today. For some background I have a a few hundred thousand invested in this business and it was always a two year time frame for me. After the NA Williams announcement I was not going to sell this stock till it had well over a $1bn market cap.

With no recent news coming out about the implementation of the NA Williams contract and the resignation of the CTO I really wanted to attend the AGM and see if I was dealing with cowboys or if this was the real seal and the stock was just just grossly undervalued. I planed to sell on the spot if my gut told me they were cowboys and buy another $50K if the stock was just grossly undervalued. Obviously yesterdays trading halt too that decision away from me!

Points from meeting -

- Announcement tomorrow as stated earlier will be "jar dropping" - I all along have suspected they would sign UPS, thats my feeling from my extensive research in this company. So I can assure you this is big there is no doubt about that. Whether there is a chance to top up some more tomorrow I doubt but if I get the chance I will - but it will be well north of $3 I suspect if the deal as big as I suspect.

- The chairman also said there will be some key appointments being announced shortly - these key people they have employed are from huge companies - from my understanding he was indicating companies like Google, Apple, Facebook and said the fact that these quality people are joining Getswift is a massive confidence boost in their company. I would suspect one of them will be the new CTO *more on that later

- I asked the question about how the NA Williams contract was coming along. They could not answer anything market sensitive but said they will be putting an announcement out after the holidays about how this is coming along,. In a nutshell he indicated in no uncetain words and body language that this is coming along nicely.

- They did not have time to take my last question so I put this to Joel after the meeting. I asked why the CTO just resigned and he just indicated that they are now a US company and left it at me to read between the lines.

- The chairman also stated that there will be many more of these large enterprise agreements flowing through so to me its a long term play if you want to make 5-10 times your investment.

Without yesterdays trading halt, I would have bought more of this stock today as its very clear to me that it doesnt matter what is happening to the share price on a daily basis and it doesnt matter what these Nevilles say who come onto this platform and try to talk it down as they all have hidden agendas. This stock should be many multiples of its current price just based on NA Williams alone, now that they have another large contract coming out tomorrow that will change the market cap expectations again, depending on the details of the deal will depend what these new market cap expectations are.

I hope that helps some of the people who did not attend today - looking forward to the news tomorrow.

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This one deserves another re-post. I myself had questions looming, and I figure the best DD i could do myself beyond research and data available, was attend the meeting. I wish others could have been there to - it really put my mind at ease. Great things coming, no doubt. Shaun, thank you for your nice succinct points/posting.

GSW Price at posting: $2.92 Sentiment: Buy Disclosure: Held
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