Ann: Investor Presentation - Q3 2019, page-12

Since I cannot judge the value of such a company at all, I was worried that Appsvillage might be affected by the current sector rotation from growth to value stocks, as is currently happening with Cloud and SaaS stocks on NASDAQ. But Appsvillage seems to be very active and the rally may also be a good sign.On the one hand, I found their idea with the branded apps very interesting, but was not sure ifsuch small business apps are really popular with end customers. Unfortunately, I am not a software expert. Furthermore, the company is unfortunately very unknown here in Germany and one does not get any expert analyses.But, maybe I'll risk another little investment.