To be honest, I’m still reeling from the possibility that CBA...

To be honest, I’m still reeling from the possibility that CBA has absorbed Intiger’s software and us shareholders have got nothing in return.

I spent 3 years racking my brains how a deal could be done with a Tier 1 company in the event that Intiger had ‘the golden ticket’ (game changing software). The only solution I had was one where the tail was left wagging the dog (Intiger wagging CBA).

I smell a rat. Something is not right.

- All the signs were positive in the build up to 31st May.
- The pilot was extended
- The pilot was successful (“all stringent targets met as laid out by CBA”).
- No reason given why CBA didn’t sign Intiger on.
- Banks have shed jobs in anticipation of AI and all banks are looking for AI solutions.
- CBA announced a continuation of their FP practice in the months leading up to May 31, which coincided nicely with the pilot.
- The strange transfer of GJ from CBA to Intiger which didn’t really make sense at the time, then he slinks off.
- The overly confident declaration of “no deal” at the end of the pilot. Where were the ‘talks are continuing’...’maybe in coming months’ statements? Nah, we got a big fat full stop which seemed too forthright.
- No other CBA pilots for AI FP software (to my knowledge).
- No communication from GJ. Zero.
- A peculiar salary raise for PC which makes no sense given the tumbling share price and lack of success of Intiger.
- I cannot accept CBA have no AI solution for their failing FP arms.
- Whilst I don’t take the board’s comments for granted, I cannot see how very high demand, queues out of the door, ‘product speaks for itself and no need to market it’ equates to almost zero uptake of the product.
- GJ LinkedIn profile was scrubbed. Any valid reason for this?

Things don’t add up for me.

WB