I'll probably end up selling and they'll then go on to prove me completely wrong soon afterwards, wouldn't be the first time. And I really hope they do, there's a few people I know that have placed a lot of faith in the management of this company.
I personally believe in the blockchain technology, whether hyrbridized or not there is a basic principle that will make it very important to many enterprises in its basic form, ie its immutability. I tend to disagree that its not being taken up...there is quite a bit of adoption from what I can see despite it still being relatively new tech for enterprise. I know its been around for cryptos for ages, but its only now really being extended to enterprise because of greater transacation efficiency. This will ramp up more and more as more use cases appear.
Will Tymlez be one of the companies that survives and thrives if this happens? Pre IPO I Was very confident that the answer was yes. A few months after I Was still confident though some doubt was creeping in. Right now though, I'll only regain any confidence if the company comes out with some significant news. For starters, confirmation that the South African government contract is actually still going...no reference in quarterly and no apparent revenue from it despite it being a perpetual license makes me wonder if it is. If anyone wants to ask the company about this, I for one would be very interested in the answer.
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