Ann: Reffind expands into New Zealand with two customer wins, page-83

Great post Invest Egate, you are by far one of the most honest and informed contributors to this forum.

"At some stage I am expecting an acceleration in contracts signed per month...."

And we have seen evidence of this already. The Fosters report (released end of September from memory) noted that we're signing on average 15 new clients a month whilst in Reffind's most recent investor presentation Jamie Pride noted that we'll be signing 25 new clients for this month..... So in 3 months they will have increased their signs per month by 70%.

This is amazing.

Now consider this. Expansion into Asia has been brought forward due to increased client demand and our channel partner agreement to enter indirectly into the US has almost been formalised. This will see both direct and indirect sales into the US.

My predictions for new clients by region through CY2016* (Johnson and Johnson are a client of Reffind's in Australia, should they then use them in the US I count this as a new client.)

These figures are my minimum expectations....

In Australia I believe we will add 400 new clients through 2016

In New Zealand 200

In the US 250

In Asia 250

If my predictions come through this will see us ending CY2016 with around 1250 clients (1100 new + 150 old)

If the number is far in excess of this I will not be surprised.