BUD 0.00% 0.6¢ buddy technologies ltd

A well written summary. Major bullet points: - Buddy is going to...

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    A well written summary. Major bullet points:
    - Buddy is going to be "laser focused" on smart cities for 2017
    - They will be announcing a new smart cities related product by end of Q2 (building their own Noveda platform?)
    - Parse is going well but still slower than expected as several large parse customers have yet to migrate. Facebook has slightly extended the shutdown deadline and has told Buddy they plan to direct remianing parse customers over to Buddy.
    - Parse revenue is in the six figures range
    - Booked revenue is "several multiples" of previous quarters.

    Other stuff: He disappointed with the failed M&As but content with his decision to walk away from Noveda, he's very happy with the team he's built in 2016, there are several return customers, still a huge market and many opportunities to be had, he's optimistic about 2017, and he's aware we are not happy about the stock price.
 
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