HHI (ASX) Ann: Appendix 4E and Annual Report to Shareholders

Originally posted by oggede ↑

$3m is peanuts for a global growing SaaS company. Just lol if you think that's gonna last more than a few months. Overheads are currently $6m per year and are likely going higher. Also, 'you're dreaming' if you think those options are going to get converted at 6 cents next year.

I wouldn't be surprised if they have been shopping around for funds lately on the back of the run up to 2 cents. That's probably why the stock is down as the big boys have been selling and are getting ready to reload. My bet is a raise at 1.3 before Xmas, if they're lucky.

Every start up today has a management team with key stake holdings. However, if you look at the past history most have personal holdings that have been offloaded or private trades before listing - not to mention their salaries. Of course they want this to succeeded, what else are they gonna do.

It's the perfect comparison to GeoOp. Both have limited appeal and are examples of over complicated, unnecessary, and cumbersome software. It's as if they just wanted to "cloud" something for the sake of it. They're struggling to sell this, and are constantly trying to find new ways to package it. Maybe they'll find a niche industry where it might work but the thought of this becoming mainstream is a joke.

Answer to El Jefe, yes I meant R & D refund, which is classified as other revenue, which is excluded from year on year comparison.

Expand

Sorry oggede, are we a useless start up or, according to your post, a '' globally growing SaaS company ".

Never seen so many untruths in a post.

Costs are likely to go higher? Costs are down 20% for the year. That's with new 2017 partnerships, new sales staff, office move to Sydney - the works. Complete bs on your part.

Ever built a business before? Don't know your credentials, but they started with Monadelphous in 2014 and then went onto their 2nd client, then their third, then their fourth...

What were you expecting? The Velpic doco on Netflix? Bitcoin returns?

'complicated, unnecessary and cumbersome software'?

Now you are really stretching the truth. Everyone is loving the Velpic software. Yeah, everyone. Look at the Capterra ranking, look at the feedback, look at the record growth. Too much? Too soon?

"Perfect comparison to Geop" See previous post.

"struggling to sell this" See latest ASX sales ann.

"Maybe they'll find a niche industry". No mate, its everywhere. Retail, mining, hospitality, medical, schools etc.

Good luck buying cheaper shares.

I think we will be up another 20 per cent tomorrow. Its far too cheap and the oppies will be easy to convert.