Finally an eBev update, pilot failed due to some kind of data...

Finally an eBev update, pilot failed due to some kind of data and POS connectivity issues. Still working with them though more downstream. Hopefully they are able to go again at the B2C flows at a later date.

This is the sort of rip the bandaid off sort of honesty shareholders need.

They could of provided this information much much earlier.....

They could of also given us an idea on how they are planning on overcoming whatever the issue was and if/when the B2C flows will be targeted again.

On Swiftstatement, mentioned good numbers in May. We'll have to wait and see what exactly that means in the next 4c I guess. No specific number given. For mine, breaking through 500-1000 paying members during the June Quarter will show decent traction being gained. Forget about achieving 15,000 by end of September IMO, that's clearly a figure that should have not ever been mentioned IMO.

@slasha there is no mandate for Capricorn members to use Swiftstatement so they are NOT "being forced" into signing up. Stop with the outright lies.......

So April was the first profitable month with 1.5m cash receipts. He said in May they also received around 1.5m. Now that the restructuring has wrapped up, post festive season slump now over, the current quarter does look like profitability will finally be achieved. If so they've won me back, especially if they can maintain it throughout the year, but especially in the next March quarter.

If profitabilty has been sustainably reached or whenever it is sustainably reached, I want to see the HR headcount increase. We want them to have the bandwidth to get the tempo right up and to tackle multiple big clients at once and get underway overseas.

In the years/decades ahead there's no reason why they can't go after the other Capricorn like enterprises across the globe. Hopefully they are squirreling away all of their learnings. Rinse and repeat.

Cautiously optimistic!

Warmest regards,

PD