Ann: CEO Update, page-3

First 3 Last

Share
Profile

Follow
Mr.Lumin

1,336 Posts.

418

03/04/24

19:24

Post #: 73174755
Share

Originally posted by Wise_One: ↑

I can't believe how quiet this thread is - did no one pick up on the potential recurring revenue from this 1 customer in this ann?

I understand this has had a VERY checkered history, but perhaps all that dead wood has been flushed out over the last 9 months as the SP based at .4 level

Looks like Freddy has turned this ship around and given the Mkt Cap is only 8m, to have signed this customer already which has a potential $50m PER YEAR in revenue, it's impressive.

Furthermore, they are only 1 of 35 companies Globally to have partnered with Google regarding their sustainability partnership. I wonder how many doors that partnership will open up?

They're attending the Google Partner's Summit in April (this month), so that should be interesting re: doors opening

I don't know about you guys & girls, but imo this could be a massive sleeper on the ASX.

Tech & AI are hot. They're in bed with Google who have a massive Gemini AI program & have invited them to attend their 'Google Partner Summit" this month to further explore collaboration.

Oh & to top it all off; they've already signed a company with the potential to generate $50m p.a. in recurring revenues once full scale production is achieved.

I've had a crack - Risk/Reward at 8m cap is compelling given Tech companies can trade 40x-60x-80x Revenues (at 40x revenues on this 1 customer at it's full scale production, thats $2B cap)

I don't want to begin to fantasizing about that, that's the stuff of dreams

Expand

This company needs money.

All they are doing at the moment is talking and spruiking terms like "AI" and "$50m per year revenue".

Do not invest of the back of talk such as this. It is highly likely they will need to raise capital very soon.

I'm holding, and I've bought a small parcel recently dropping my average price to .015 but i have no faith the company will see any revenues before they raise capital.

The only reason I bought more is because peak are still pouring cash in and they are significantly invested. They need their money back. Peak are so heavily invested that the share price is destined to rise so they can cash out. Hopefully it does so off the back of legitimate news and not the bulls**t buzz talk they are currently offering up.

Take everything they said with a grain of salt and a speculative viewpoint.

NVQ Price at posting: 0.5¢ Sentiment: None Disclosure: Held
1 Upvote

0 Great analysis

Reply