From talking to management on Friday this is some of what I gleaned from the last announcement. The figures are conservative. They are happy but this is merely the start of the company they are building and are more concerned about building this company into something significant. This is from 1 client. They also said additional MAJOR PROJECTS expected to start this quarter. April will be a big month.
At just over $200 per transaction, the 2500 onboards will generate approximately $500,000 in the April quarter.
The feedback from the trial phase from both the employee and
organizational was very positive;
• With rapid processing time;
• Visibility and comprehensive real time reporting.
That has led to this initial commercial rollout.
A short-term opportunity exist to expand to a further 7500 verified profiles
with the same client. ($1.5m)
• Additional major projects expected to start in April quarter
People are missing this one because they fail to understand what they do and why it is important imo. They think you can't generate significant revenues doing what they do, it's too simple. I think this company is starting to show them what they can do and I reckon its only the start.
About 170m shares, a lot escrowed for another year but at 4.1c it makes it a $6.9m MC. That is crazy cheap imo.
TKF Price at posting:
4.3¢ Sentiment: Buy Disclosure: Held