A solid result imo. $5.3 mill in the bank.
Equity investments would not include purchase of stakes in Pay2Day ($US150,000 cash, the other $100,000 in equity swap) & ePAT ($250,000 cash).
Lots to look forward to in the next 2 or 3 quarters besides the Home Open website launch (in a few weeks) plus the marketing campaign. In ALA's 2014 budget, they have allocated $350,000 to marketing Home Open.
Plus.... xTV listing via IZM, PositivFlo launch, ePAT app launch in Dec Qtr, Rosterelf ramp up and OS launch in Q1 2015.
SP1 Price at posting:
24.5¢ Sentiment: Buy Disclosure: Held