Ann: Resignation of Non-Executive Director, page-9

The more I read about this stock, the more I think the risk to reward play is attractive.

Given the relationship between Faria & SCL (particularly the notion that Faria benefit from an uplift in SCL business performance), I think a case for a possible investment is reasonable.

If SCL can sign up a reasonable number of schools onto the Verify & Advantage platforms from July, 2021 then it seems within possibility that SCL can begin to attack the addressable market dominated by Search Associates.

Given the current market cap of ~17m, any success from the Faria agreement will result in a fairly attractive reward for shareholders.

However; In the little time I have researched the stock it seems like the stars will need to align pretty squarely for everything to go 'smoothly'.

In linking back to my opening line, a high risk investment doesn't necessary equal an unattractive investment and thus I am keeping on eye on SCL.