A great post. Thanks for sharing.
I personally think we need to look into the whole picture.
9 existing clients generating revennue, burn rate as low as 300k approx per quarter including developments costs, strong demand of services (so far we have attracted 2 out of top 20 in the industry to engage with IAM in some form or another). Sentry pilot with 15 practices and that's paid... and most importantly IAM can always go back to plan B which is individual practices to go profitable... I know not the idea we would like but its still there as plan b...
by saying this, if Sentry porgram is successfully rolls out and one of the large 5 decides to go with us (even not 100% but only the outflow of their work which they can't manage with their existing workforce and are outsourcing for it within Australia) will be a game changer and make IAM a big company.
Anyway, lets see how we go!
Cheers
IAM Price at posting:
6.3¢ Sentiment: None Disclosure: Held
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