Brett, the product may work and people may be paying for it but 437,000 VINs just sounds way too low. They should be selling millions of VINs. That is supposed to be the mainstay of the business. Words like 'exponential growth' were being used 2-3 years ago (until the ASX stopped that sort of language being used because it never happened). There is nothing 'exponential going on here. It's a trickle.
Now that we use plastic for all of our purchases I am running out of gold coins, so I am hoping I there aren't too many more Next Quarters. Now we wait until the end of July, notwithstanding they will probably appoint another director or two, sign up a few more resellers, start some more pilot programmes, open another IoT lab and upgrade some more product, convert millions of one cent options..... same old, same old.
Wishing I had sold more last year and could buy back now, but got sucked into thinking it would keep going up. Very long way back to 30 cents from here IMO.
P.S. everyone should expect the SP to drop once I hit the POST button because I have been told my comments hold a lot of weight!! Plus good news was announced and that usually pushes the SP down - not sarcastic - fact.
Brett, the product may work and people may be paying for it but...
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