The latest market announcement (20/08/2018) does touch on Pipeline's track record. I quote, "Pipeline’s team have a track record of market expansion and sales development for several leading enterprise companies and deep local relationships." - Page 2
Who those "several leading enterprise" are, I'm still trying to find out.
I'm excited to read that "Property Connect has agreed to complete all customisations to its LiveOffer sales auction platform necessary for the GCC within
30 days." It then reads on to say, "the company has been working with Damac to introduce its property listings to the LiveOffer sales auction platform and looks forward to successfully completing transactions on the platform shortly following completion of these customisations."
So Property Connect and DAMAC are currently listing all the properties onto the platform, while the platform is simultaneously receiving all customisations requested by Pipeline in the next 26 days before commencing transactions.
I smell revenue. To back up this claim, in the concluding paragraph Darren says, "The Company is now well positioned to generate revenue in a highly scalable manner from our industry leading platforms, providing a return to shareholders from our technology investment made to date.”
I think we will see revenue on the next quarterly!
Current market cap is $2,400,000.
Lets see what it is in a few months time!
