The Inspector360 product could not exist without the...

  1. 138 Posts.
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    The Inspector360 product could not exist without the PropertyTree and PropertyTree integrations so that's definitely a positive. However, they are only now starting to get people to sign up with a 3-6 month free trial, meaning no income for at LEAST 9 months, which is hugely concerning given that as of last December that only had 1.48 quarters of funding.

    I really want to pull the trigger on this and get back in with a pretty big parcel however the company is out of money and they are going to need a pretty big CR to keep them afloat until they work out how to sell the product. I don't think this can possibly break even within the next 1-1.5 years even with significant uptake, as there margins are just so small. A CR to keep them afloat for that long is going to destroy the SP and it's making me wildly hesitant to buy back in just yet.

    I honestly think a CR could increase the SP as it would give investors the confidence that the company isn't about to go bust. It's in their best interest to get this over and done with quickly.

    I think an announcement in the next few weeks regarding the uptake of the free trial through the REIV partnership is going to be somewhat disappointing as real estate offices are extremely hard to get to sign up to new products. keen to see what happens
 
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