Ann: Quarterly Update & Appendix 4C, page-8

I'd strongly suggest away at comparing what valuations the market put on other business... and suggest to focus on the business at hand and its potential.
To me, I don't see any easy way to estimate either... and I don't think we have too...
Its OK to just start with a list of the upside and downside and see where we get, let me start:

Upside:
- expansion possibility into USA and Europe is very large and BID claims to have no competition in the RPA space yet.. so expansion is 100 fold there
- leveraging of RealWinWin customers and cross-sell oportunities
- expanding potential customer base (think BID Billy)
- expanding products and services

Downside:
- young company, yet to prove long-term ability to maintain customers
- potential entrants may catch up to BID if bid is not expanding product/service offering
- potential loss of key personnel...

Would love to hear more points from others...
To my mind, the Upside-Downside put together should allow BID to easily be fairly valued at 12-15 cents... so double from what is now