Pretty much in line with every other companies AGM with negativity from shareholders in relation to any increase in either direct bonuses or via share issues. Always going to be more dissent in new companies that are not yet profitable. I went to yesterdays meeting and came away reasonably satisfied . I was also asking questions relating to sales enquiry backlogs, sales performance, sales techniques employed by the company and the employment of additional sales resources .It appears our new sales guy from Precision is already paying his way and becoming a valuable asset.The problem selecting the right people is that the product is very technical and requires smart tenacious people with industry background who will maintain regular client contact through a sales process that can be long and drawn out and involve a fair bit of back and forth negotiation .Its a very specialised ,sales area and despite the complexity of the technology once we get the right people on the ground sales will multiply quickly. Ian reiterated that the market for their product is massive and increasing rapidly with no competitor that can provide the full range of services provided by Pointerra. Sounds like there is enough potential customers in USA to keep a sales team busy for decades just handling new clients. Cant believe the share price dropped so quickly. on neither good or bad news.Forget the share trading packages might have to look at my horoscope.
3DP Price at posting:
6.3¢ Sentiment: Hold Disclosure: Held
