SCT 0.00% 0.5¢ scout security limited

The thing is they raise too little and constantly spend 1/3 of...

  1. 815 Posts.
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    The thing is they raise too little and constantly spend 1/3 of every year raising capital lol. Most companies fail because they don't have enough money to see their projections. If Scout can actually penetrate that many customers are predicted, and even get 20% of those who are interested, there will be a strong recurring revenue. But there is a huge dependency on the telcos and ISP actually marketing this thing to their customers, and SCT is betting that there will be active marketing going on to upsell customers, entirely out of SCT's control. We will have to see how far they can stretch the 12 months of funding, and how much they have actually cut costs. But won't be looking pretty if they need to raise again at an even lower market cap. More dilution ahead most likely.
 
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