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Ann: Appendix 4C - quarterly, page-78

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avagadro

13,154 Posts.

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02/05/18

12:23

Post #: 32826133
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Originally posted by makattack ↑

The other possibility is that GSW have received advice that new clients / POC contracts do not need to be advised to the market until they are revenue generating.

Nah, not good enough, below is for example what they said late last year regarding CBA:

● Approximately 90,000 merchants will receive the new operating system with the GetSwift platform with go to market live rollouts planned from Feb 2018 onwards.
● The company expects to see revenues from the market utilization to start manifesting in mid-2018.
● CBA and GetSwift will jointly address and market the new product from Feb 2018 onwards.

February has come and gone with NO information whatsoever. Was it all BS?

This is not what I prefer, but either way Im happy if NA Williams, YUM and Amazon are progressing to implementation.

Are they? How do you know? For all we know these prospects may have gone the way of others with POCs not proceeding to commercial contracts. One thing to be very careful of now is pump and dumps. There would be a few large holders who would be intent on getting out and price manipulation and rumour drives are often how they do it.

The company treats shareholders with contempt. Used to ramp anything and everything and now they've gone totally opposite and don't divulge anything at all. A realistic and honest appraisal of all their major opportunities should have been their modus operandi. Instead they move their chairs around, Bane now CEO. How's that for rubbing investors noses in the dirt.

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Perhaps CBA's other issues as well as problems with the Albert POS have taken precedence over the GSW integration? Perhaps testing showed major hurdles.

Either way, an update on existing enterprise integrations already announced to market would not go astray.

GSW Price at posting: 47.5¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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