Ann: Trading Halt, page-33

What they need to do is
1) Costs down, revenue up = ebitda positive
2) focus on growing revenue with quality new clients (a big bank would be ideal)
3) get the growth rate of new client acquisitions exponentially higher

We won't get a higher earnings multiple re-rate until all of the above happens. The company is just too small, period. Needs to be at least 3-4x this size to get attention.

They now have a considerable cash buffer. Their earnings transitioning from one-off fees to recurring is the right strategy, but it needs to kick in asap and start showing up on the balance sheets.

Lets hope they can stay focused, cut the fat, and turn this into a 100million dollar company , as a start. The CEO and board isn't getting any younger. I'm sure he'd like to excercise his 20cent and 30cent options.

As the old EML CEO, its interesting to see all the fraud happening over there and the huge share price plunge.