Ann: Pause in Trading, page-97

Both are completely insignificant. If AO1 is to be serious about generating revenue, they need entire brands to sign. If Ray White were to sign on, with over 1000 offices, then in a few quarters AO1 would start to show some decent revenue, but an odd real estate agency here or there will make no difference. So far the biggest bottleneck for this company seems to be managements ability to market and sell the product.. even the website is pretty tacky and provides little information..

Remember that AO1 is only charging up to $750 for the highest service level for an agency with up to 1000 properties (which is a pretty decent amount for an individual office), so even if those two agencies did sign up, its only $1500 in the bank for AO1...

Something drastic needs to change in regards to their pricing structure, or they need to rapidly onboard a HUGE number of customers to make this economically viable. Additionally, if a large chain is to sign on, it will be at an even lower cost than what is posted below as they will seek a volume discount.

The product that they are offering is great, however the commercial viability in it's current form isn't making sense and the only way for this company to stay afloat will be to do a CR in the next few weeks. I would like to get back in soon, but I can't ignore the fact that they only receipted $15k from customers last quarter AND they only had 1.48 quarters of funding left as of December. Those saying that there isn't a capital raise coming soon are delusional.

Good product but management in my opinion are struggling to make it viable, and I think a lot of people are going to get stung again in mean time.