I like how no one liked my post! So much for being objective.
Microsoft made 22K in 1975. Taking inflation into account. Thats 100K today and they had, well not much. Covata made 42K in 2015. Thats 10k in 1975. Half of Microsoft revenue with everything at their disposal. Notwithstanding the 8 million dollar outgoing and the fact they have been publicly listed for 6+ years with a 10x share price that time ago.
Im not saying don't invest, Im saying be objective. I follow Covata and cloud tech as I see the potential but you really have to look at the fundamentals here. Without some real change, its not sustainable and they and you will lose.
Dont like it, but be conscious of it.
Ann: Appendix 4C, page-10
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