From discussions with the MD, deals are in progress, they are talking to a number of potential big clients, as you can see from the deals already announced. I think a bit of patience is called for here. The technology is unique and the market is vast. Revenue from the deals for the corporate stress product will be significant once this is all rolled out. Remember they are rolling out to third party players, who will love the device to onsell to the hundreds of thousands of corporate staff amongst their clients.
So I see deals being made and revenues will follow. I'm totally confident that KK is driving this the right way and also driving it as hard as he can. He's been promoting it at seminars, with Alan Kohler and with brokers, but until they see the $$ start to flow, faith will be a bit shaky.
Just watch the dollar trickle become a flood and each new agreement brings in more validation of the technology and the strategy.
This will be one of my two big picks for 2016 and I'm on for the long ride.
R
MEB Price at posting:
28.0¢ Sentiment: Buy Disclosure: Held
