Ann: APP Securities Research Report, page-17

BTW for those that can't see it the report has a target price of 0.017 pre consol and an revenue estimate for 2016 of C$3.5m. Estimated NPAT of C$1m by 2017.


Also not sure if I read this right but it sounds like we cannot really hunt clients within the US due to the patriot act?? It is presented as a positive below but does that mean that we can't touch the US:

As a Canadian company domiciling its server appliances in Canada or anywhere else in the world  besides the US, Zyber are not subject to the Patriot Act. This gives Zyber a competitive advantage  over US based file - sharing companies. Zyber has found that many international companies, especially those in the legal, finance and medical sectors have completely banned the use of Box and Dropbox but still want the file sharing capabilities  for their employees.