Ann: Investor Market Update Conference Call, page-4

I listened in to the call, this is a well structured deal with a complementary business. BigTinCan have been eyeing off this acquisition for a few years.

A few points from the call:
- Acquiring a Micro-learning site which enables companies to deliver training courses to salespeople via mobile and web https://www.zunos.com/microlearning
- Existing customer base of Fortune 100 customers including American Airlines. Some companies overlap.
- $3M in reoccurring revenue, opportunity to upsell to existing Hub customers globally.
- Deal is a $3.5M upfront payment, then over the next two financial years a payment of 1.5x revenue and 1x revenue. This ensures Zunos are committed in accelerating their growth and we also retain key personell.
- A SPP will be announced for existing retail holders.

Overall a very promising deal which sets up BigTinCan for continued growth. In a market full of zero revenue companies its only a matter of time before the market takes notice and values BTH considerably higher.