I will characterize the 4C as OK... Nothing worth fretting/getting excited about. I am glad that for once they de-emphasized discussions on the upgrades/changes to the software and spent more time talking about the business cause that's what I care about.
So we now know that Scharff has just gone live which means more cash in the coming quarters. We also know that the sales force was upgraded over the past quarter. We also know that the software platform is now fully functional and stable... and that... they brought in two veterans of the logistics industry as board advisors...
Based on the preceding, I would like to think they should start averaging at least $100-150K/Month by end of CY2019. If they don't, I may need to start winding down my position. At some point, a company has to show it is making real progress with sales...
YOJ Price at posting:
6.0¢ Sentiment: Buy Disclosure: Held
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