The juicy prospectus that we have all read and admired for the 10bags+ it suggested is slowly coming to fruition...
Why this quarterly is a monstrous WIN
1. BUD following through on all their prospectus promises e.g "Signed evaluation agreement & negotiated pricing with major European consumer electronics vendor."
2. Huge amounts of cash in the bank ($14.6m)
3. The first performance milestone of 20million device connections to the daily platform has been accelerated by 4-6months!
4. Two customers have renewed or renegotiated their contracts (major US telecommunications carrier..)
5. "Pace of customer engagements increased" due to CES roadshow - a myriad of new opportunities.... (remember this is a $20trillion industry... GOGO BUDDY getting a rather juicy slice of that pie! - first in best dressed)
6. Half yearly report coming soon - describing Buddy's presence at TWO major trade shows of this quarter - in Barcelona (Europe) and Las Vegas (America)! Wonder who they managed to get their hands on there
7. The company is considering its options with respect to strategic acqusitions and asset purchases
8. Lovely parcel in RAD remains HELD.
9. Not mentioned but will probably hear about in the Half-yearly is the upcoming Parse opportunity too - Dave seems to want to take the world - BIG things to come - amazed how much they've already achieved in such a small space of time
